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112-116 Springstowne Ctr 14,960 SF 100% Leased Retail Building Vallejo, CA 94591 $3,896,235 CAD ($260.44 CAD/SF) 6.30% Cap Rate
Executive Summary
2 Tenant NNN leased investment with First Bank and Dollar Tree. First Bank will do a 5 year lease back at COE.
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- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
14,960 SF
Building Class
B
Year Built
1982
Price
$3,896,235 CAD
Price Per SF
$260.44 CAD
Cap Rate
6.30%
NOI
$245,472 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.43 AC
Parking
50 Spaces (3.34 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0071-061-560 | Improvements Assessment | $1,857,714 CAD |
| Land Assessment | $1,290,482 CAD | Total Assessment | $3,148,196 CAD |
Property Taxes
Parcel Number
0071-061-560
Land Assessment
$1,290,482 CAD
Improvements Assessment
$1,857,714 CAD
Total Assessment
$3,148,196 CAD
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112-116 Springstowne Ctr
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