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Junction Plaza 40282 Highway 41 10,190 SF 100% Leased Retail Building Oakhurst, CA 93644 $2,913,540 CAD ($285.92 CAD/SF) 6.16% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Ample Parking: Approx. 73 Spaces
  • 14 Unit, 11 Tenant Shopping Center
  • First Time on the Market in Decades
  • Excellent Investment Opportunity - Below Market Rents
  • Located in the Heart of Oakhurst
  • Current Cap Rate: 6.16% - Proforma Cap Rate: 6.95

EXECUTIVE SUMMARY

The Franco Realty Group is proud to exclusively present the Junction Plaza at 40282 Highway 41 Oakhurst, CA 93644 For Sale. The Junction Plaza is a fully leased out 14 unit, 11 tenant shopping center in the heart of Oakhurst. The Junction Plaza is a great investment opportunity with a high cap rate even with the below market rents. This 10,190 SF Building is sitting on a 48,352 SF Lot and boasts strong parking with 73 Spaces. This property is on the market for the first time in decades along with its counter part the Oakhurst Plaza at 40359 Highway 41 Oakhurst, CA 93644. For more information and a full offering memorandum please contact the Franco Realty Group.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,190 SF
Building Class
C
Year Built
1995
Price
$2,913,540 CAD
Price Per SF
$285.92 CAD
Cap Rate
6.16%
NOI
$179,328 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.14
Lot Size
1.70 AC
Opportunity Zone
Yes
Zoning
CUM
Parking
70 Spaces (6.86 Spaces per 1,000 SF Leased)
Frontage
166’ on Highway 41

AMENITIES

  • Signalized Intersection

NEARBY MAJOR RETAILERS

Starbucks
Deli Delicious-Oakhurst
Chase Bank
UMB Bank
Me-N-Ed's Pizzeria
Peet's Coffee
Raley's
Grocery Outlet
Anytime Fitness
Jazzercise

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
064-062-037
Land Assessment
$481,170 CAD
Improvements Assessment
$901,767 CAD
Total Assessment
$1,382,936 CAD
  • Listing ID: 35689677

  • Date on Market: 2025-04-30

  • Last Updated:

  • Address: 40282 Highway 41, Oakhurst, CA 93644

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