Description
This is a NNN INVESTMENT RETAIL PROPERTY. TENANTS PAY ALL EXPENSES OF LANDLORD! . 3 units are occupied. Tenants are Little Ceasars Pizza, Taqueria and a Smoke Shop. All three tenants are on long term leases. Right across from Sierra Community College. One unit 1412 sq.ft. is vacant. Vacant unit is being marketed for lease at $1.75 + NNN. Total sq.ft of building is 6175 sq.ft. Great Property for owner/user or Investment. Better than buying a multi-family property. Cap Rate/Asking Price is on CURRENT 3 tenants with long term leases and they all have options to renew. Building is on a corner signalized lot. Plaza is comprised of retail/medical/office tenants. Sellers have the right to refuse any offer. Submit highest & best offer. Seller's expectation of selling is $1900000. All offer's are welcome.
-
0BEDS
-
0.19ACRES
-
0BATHS
-
01/2 BATHS
-
6,175SQFT
-
$259$/SQFT
School Ratings & Info
Description
This is a NNN INVESTMENT RETAIL PROPERTY. TENANTS PAY ALL EXPENSES OF LANDLORD! . 3 units are occupied. Tenants are Little Ceasars Pizza, Taqueria and a Smoke Shop. All three tenants are on long term leases. Right across from Sierra Community College. One unit 1412 sq.ft. is vacant. Vacant unit is being marketed for lease at $1.75 + NNN. Total sq.ft of building is 6175 sq.ft. Great Property for owner/user or Investment. Better than buying a multi-family property. Cap Rate/Asking Price is on CURRENT 3 tenants with long term leases and they all have options to renew. Building is on a corner signalized lot. Plaza is comprised of retail/medical/office tenants. Sellers have the right to refuse any offer. Submit highest & best offer. Seller's expectation of selling is $1900000. All offer's are welcome.
Bay East ©2022. CCAR ©2022. bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2022-05-27T23:39:40.687.
Listing courtesy of Jagdeep Saggi of Reliable Real Estate Services.