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Manor Center 53 Manor Dr 11,776 SF 100% Leased Retail Building Bay Point, CA 94565 $3,661,470 CAD ($310.93 CAD/SF) 6.80% Cap Rate
Investment Highlights
- 100% Occupancy with majority of interior units renovated
- Majority of leases have 3% annual increases
- Hard signalized corner with ingress/egress in both directions
- All leases are NNN for minimal landlord responsibilities
Executive Summary
11,776 SF premier investment opportunity in Bay Point, CA
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
11,776 SF
Building Class
B
Year Built
1982
Price
$3,661,470 CAD
Price Per SF
$310.93 CAD
Cap Rate
6.80%
NOI
$248,877 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.92 AC
Opportunity Zone
Yes
Zoning
RB, Bay Point
Parking
43 Spaces (3.65 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 093-062-002-6 | Improvements Assessment | $2,175,485 CAD |
| Land Assessment | $966,879 CAD | Total Assessment | $3,142,364 CAD |
Property Taxes
Parcel Number
093-062-002-6
Land Assessment
$966,879 CAD
Improvements Assessment
$2,175,485 CAD
Total Assessment
$3,142,364 CAD
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Manor Center | 53 Manor Dr
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