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FAITS SAILLANTS DE L'INVESTISSEMENT
- 100% NNN Lease Structure
- High Entry Barriers
- Expanding Hospitality Base
- Turnkey Core Asset
- Comprehensive Property Upgrades
- Premier Location with Modern Design
RÉSUMÉ DE L'ANNONCE
W Commercial is pleased to present the opportunity to acquire 1321 First St and 920-930 Franklin St in Napa, California, affectionately referred to as “the Zeller properties”, a fully leased core retail investment. The asset consists of two separate retail buildings totaling 7,320 SF across six suites situated on two lots totaling 11,818 SF(.26 Acres). The property is home to six well performing and iconic tenants who have a long tenancy history at the site.
Located in the heart of picturesque downtown Napa, the property boasts a prime location on downtown’s busiest streets, First St and Franklin St. High foot and vehicle traffic along these corridors create an excellent environment for retail prosperity and have contributed to the success of the existing tenants.
This offering presents the opportunity to own a unique, high performing retail product in a submarket with high barriers to entry as well as a stabilized tenant base with a passive ownership structure and 2.65 year WALT.
Ownership will begin accepting offers after October 8th.
Please do not disturb tenants. Contact agent for showings.
Located in the heart of picturesque downtown Napa, the property boasts a prime location on downtown’s busiest streets, First St and Franklin St. High foot and vehicle traffic along these corridors create an excellent environment for retail prosperity and have contributed to the success of the existing tenants.
This offering presents the opportunity to own a unique, high performing retail product in a submarket with high barriers to entry as well as a stabilized tenant base with a passive ownership structure and 2.65 year WALT.
Ownership will begin accepting offers after October 8th.
Please do not disturb tenants. Contact agent for showings.
FAITS SUR LA PROPRIÉTÉ
| Prix | 9 683 730 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 1 323 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 5,43% | Taille totale du bâtiment | 7 320 pi² |
| Type de vente | Investissement pour loyer hypernet | Superficie totale du terrain | 0,13 AC |
| Statut | Actif |
| Prix | 9 683 730 $ CAD |
| Prix/pi² | 1 323 $ CAD / pi² |
| Taux de capitalisation | 5,43% |
| Type de vente | Investissement pour loyer hypernet |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 7 320 pi² |
| Superficie totale du terrain | 0,13 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 1321 1st St, Napa, CA 94559 | Commerce de détail | 4 086 pi² | 1950 | - |
| 920-932 Franklin St, Napa, CA 94559 | Commerce de détail | 3 234 pi² | 1949 | - |
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Présenté par
First & Franklin
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