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Bishop Retail Center 905 N Main St 6,419 SF 100% Leased Retail Building Bishop, CA 93514 $3,874,870 CAD ($603.66 CAD/SF) 6.20% Cap Rate
Investment Highlights
- The subject property is anchored by Starbucks, one of the most creditworthy and recognizable retail tenants in the world.
- NNN Lease Structures Minimizing Landlord Responsibilities
- Diversified, Internet-Resistant Tenant Mix
- 100% Occupied with Stabilized, In-Place Cash Flow
- Built-In Rental Growth Across Tenant Roster
- Strategic Position Along Bishop’s Primary Retail Corridor
Executive Summary
Starbucks-Anchored Strip Center | 100% Leased | $2.77M
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Building Size
6,419 SF
Building Class
B
Year Built
2005
Price
$3,874,870 CAD
Price Per SF
$603.66 CAD
Cap Rate
6.20%
NOI
$240,435 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.75 AC
Opportunity Zone
Yes
Zoning
C1
Parking
32 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
165’ on N Main St
Amenities
- Corner Lot
- Restaurant
- Signage
- Drive Thru
- Cafe
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Eastern Sierra Community Bank
Contacts
-
Patrick Wade -
Alex Kozakov -
Matthew Greenberg -
Bo Henderson -
Jack Webber -
Nick Solomon -
Vivian Tran -
CBRE, Inc.
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Photos
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Bishop Retail Center | 905 N Main St
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