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1001 Lander Ave
Turlock, CA 95380
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime investor opportunity with immediate and stable income
- Fully occupied by long-term tenants ensuring consistent cash flow
- Turnkey property ideal for investors seeking hassle-free ownership
- Located in the heart of Turlock’s high-traffic commercial corridor
- Excellent street frontage and strong visibility on Lander Avenue
- Strong potential for future appreciation in a growing market
EXECUTIVE SUMMARY
Investor opportunity! This well-positioned ±12,031 SF commercial property is situated on a ±0.92-acre lot in the heart of Turlock’s commercial corridor. The property is fully occupied by long-term tenants, offering immediate and stable income. With excellent street frontage on Lander Avenue and strong traffic visibility, this asset presents an ideal opportunity for investors seeking a turnkey property with in-place cash flow.
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,031 SF
Building Class
C
Year Built
1950
Price
$1,246,049 CAD
Price Per SF
$103.57 CAD
Cap Rate
7.38%
NOI
$91,972 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.92 AC
Opportunity Zone
Yes
Zoning
CH, Turnlock - Commercial Uses
Parking
20 Spaces (1.66 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 050-15-32 | Improvements Assessment | $566,159 CAD |
| Land Assessment | $451,940 CAD | Total Assessment | $1,018,099 CAD |
PROPERTY TAXES
Parcel Number
050-15-32
Land Assessment
$451,940 CAD
Improvements Assessment
$566,159 CAD
Total Assessment
$1,018,099 CAD
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