This is a 100% leased investment with the current tenant occupying the building for 4 more years. There is no near term owner/user occupancy potential. Building does offer an incredible 6.8% Cap Rate for an investor. Zoned C-2, 0.30 acre parcel with drive-thru zoned and capable although not utilized by current tenant. Convenient access to Hwy 99 via Fruitridge Road. Surrounded by dense residential housing with excellent retail visibility and traffic count. Dedicated parking lot not shared with other tenants, current tenant, Los Cuates Mexican Food has built a loyal local customer base. There are limited relocation options because similar sized standalone buildings are difficult to come by.
|--||New Value: $900,000|
|7/20/2021 10:02:00 AM||New Value: $900,000|