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1173 Forest Ave 3,120 SF 100% Leased Retail Building Pacific Grove, CA 93950 $2,897,864 CAD ($928.80 CAD/SF) 5.15% Cap Rate
Investment Highlights
- Great free standing retail building on Forest Ave. Great signage and visibility.
Executive Summary
Property for sale includes 1173, 1169 and 1193 Forest Ave, Pacific Grove.
1173 Forest Ave (2,400 sq ft is currently vacant and income is projected.
1173 Forest Ave (2,400 sq ft is currently vacant and income is projected.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,120 SF
Year Built/Renovated
1962/1990
Price
$2,897,864 CAD
Price Per SF
$928.80 CAD
Cap Rate
5.15%
NOI
$149,240 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.68 AC
Parking
16 Spaces (5.13 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 006-713-019-000 | Improvements Assessment | $188,574 CAD |
| Land Assessment | $447,122 CAD | Total Assessment | $635,696 CAD |
Property Taxes
Parcel Number
006-713-019-000
Land Assessment
$447,122 CAD
Improvements Assessment
$188,574 CAD
Total Assessment
$635,696 CAD
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1173 Forest Ave
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