Se Connecter/S’inscrire
Votre courriel a été envoyé.
339 W D St
Lemoore, CA 93245
Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- 7.20% Existing Cap & 16.34% Cap After Rent Increases
- Long-Term Tenants | Low Turnover | Low Maintenance
- Convenient Location Between CA-198 and CA-41
- Cash Cow To Produce $123K In Rents ($11.25/SF/Yr)
- Well-Known Freestanding Building w/ D Street Ave Exposure
- Busy & Established Corridor w/ Quick Access to Downtown
RÉSUMÉ DE L'ANNONCE
Property Description
Leased investment opportunity: Freestanding building totaling ±11,475 SF on 0.25 Acres (11,250 SF) of office or retail space in downtown Lemoore, CA. Offers (8) economical separate spaces with restrooms leased to long-term tenants at a modified gross lease rate. The property sits comfortably in Lemoore's primary retail area, and with its close proximity to a major highway access is easily accessible to motorists. Located in a very thirsty market for retail and office spaces. Great visibility, convenient parking & easy access to CA-198 on/off ramps. Many front parking spaces available, and excellent existing signage.
The Value-add opportunity consists of addressing the under-market rents and leasing (2) vacant units over the next 6-12 months. Value-add opportunity with actual rents of $71,400/year collected plus upside potential. After addressing the under market rents, the annual income is $134,880/year. Unique investment offering easy-to-rent small spaces within an under-built market offering a strong need for these type of units.
Location Description
The property located along W D Street and Fox Street in Lemoore, California, is situated in the heart of the city's vibrant downtown district. This prime location offers excellent visibility and accessibility, being just 1 mile from Highway 198 and 2 miles from Highway 41.
Lemoore is a city in Kings County, California, United States. Lemoore is located 7.5 miles (12 km) west-southwest of Hanford, at an elevation of 230 feet (70 m). It is part of the Hanford-Corcoran Metropolitan Statistical Area. The population was 24,531 at the 2010 Census. The California Department of Finance estimated that Lemoore's population was 25,892 on January 1, 2018.
Leased investment opportunity: Freestanding building totaling ±11,475 SF on 0.25 Acres (11,250 SF) of office or retail space in downtown Lemoore, CA. Offers (8) economical separate spaces with restrooms leased to long-term tenants at a modified gross lease rate. The property sits comfortably in Lemoore's primary retail area, and with its close proximity to a major highway access is easily accessible to motorists. Located in a very thirsty market for retail and office spaces. Great visibility, convenient parking & easy access to CA-198 on/off ramps. Many front parking spaces available, and excellent existing signage.
The Value-add opportunity consists of addressing the under-market rents and leasing (2) vacant units over the next 6-12 months. Value-add opportunity with actual rents of $71,400/year collected plus upside potential. After addressing the under market rents, the annual income is $134,880/year. Unique investment offering easy-to-rent small spaces within an under-built market offering a strong need for these type of units.
Location Description
The property located along W D Street and Fox Street in Lemoore, California, is situated in the heart of the city's vibrant downtown district. This prime location offers excellent visibility and accessibility, being just 1 mile from Highway 198 and 2 miles from Highway 41.
Lemoore is a city in Kings County, California, United States. Lemoore is located 7.5 miles (12 km) west-southwest of Hanford, at an elevation of 230 feet (70 m). It is part of the Hanford-Corcoran Metropolitan Statistical Area. The population was 24,531 at the 2010 Census. The California Department of Finance estimated that Lemoore's population was 25,892 on January 1, 2018.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
11 475 pi²
Classe d’immeuble
C
Année de construction
1950
Prix
958 356 $ CAD
Prix par pi²
83,52 $ CAD
Taux de capitalisation
7,20%
Revenu net d’exploitation
69 002 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
1,02
Taille du lot
0,26 AC
Zonage
DMX-1 - Downtown Mixed Use
Façade
74’ sur D St
Impôts fonciers
| Numéro de lot | 020-091-004-000 | Évaluation des bâtiments | 490 880 $ CAD |
| Évaluation du terrain | 153 400 $ CAD | Évaluation totale | 644 280 $ CAD |
Impôts fonciers
Numéro de lot
020-091-004-000
Évaluation du terrain
153 400 $ CAD
Évaluation des bâtiments
490 880 $ CAD
Évaluation totale
644 280 $ CAD
1 de 55
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D MATTERPORT
PHOTOS
VUE DEPUIS LA RUE
RUE
CARTE
