Excellent visibility and location on Major Blvd. Majority of tenants are long term tenants, one restaurant recently vacated, not from eviction or unable to pay rent, and space can be used by owner user or it is for a lease now. Strip Center consist of 9,600 sqft of retail/office, which building is parallel with long frontage to Folsom Blvd, close to HWY access. All leases are NNN with annual increase. Property size is approx. 1.08 Acre and site offers ample parking with about 60 parking spaces. Property offers investor a well located site with a long history of stable occupancy and continuation of stability. Per owner, roof has been replace about three years ago and exterior of building recently painted.
|--||New Value: $2,500,000|
|10/1/2019 2:45:00 PM|