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1101 Country Club Dr
Madera, CA 93638
The Waffle Spot · Retail Property For Sale
Investment Highlights
- In Operation Since 2001 - Over 25 Years
- 72,000+ VPD Along Hwy 99
- 810K Annual Visits to Country Club Village
- Rent 40% Below Market
- 86,000+ Residents Within a 5-Mile Radius
- $100,000 Average Household Income Within a 5-Mile Radius
Executive Summary
This established restaurant property sits in the heart of Madera’s dominant retail corridor, where national brands and daily-needs retail drive consistent consumer traffic. The Waffle Spot has operated at this location since 2001 and benefits from co-tenancy with Crunch Fitness, CVS Pharmacy, and Burger King within a recently reimagined shopping center. With over 86,000 residents within five miles and a location positioned to benefit from ongoing growth throughout Madera, this asset checks a lot of boxes.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,500 SF
Building Class
B
Year Built
1979
Price
$1,810,809 CAD
Price Per SF
$329.24 CAD
Cap Rate
6%
NOI
$108,649 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.50 AC
Zoning
C-6 - Commercial
Parking
30 Spaces (6.18 Spaces per 1,000 SF Leased)
Frontage
138’ on Sharon Blvd
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,498,752 CAD | |
| Land Assessment | $1,018,785 CAD | Total Assessment | $2,517,537 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,018,785 CAD
Improvements Assessment
$1,498,752 CAD
Total Assessment
$2,517,537 CAD
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