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The Waffle Spot 1101 Country Club Dr 5,500 SF Retail Building Madera, CA 93638 $1,774,696 CAD ($322.67 CAD/SF) 6% Cap Rate
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
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,500 SF
Building Class
B
Year Built
1979
Price
$1,774,696 CAD
Price Per SF
$322.67 CAD
Cap Rate
6%
NOI
$106,482 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
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,493,530 CAD | |
| Land Assessment | $1,015,238 CAD | Total Assessment | $2,508,767 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,015,238 CAD
Improvements Assessment
$1,493,530 CAD
Total Assessment
$2,508,767 CAD
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The Waffle Spot | 1101 Country Club Dr
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