LEASED INVESTMENT for sale 1
TABLE OF CONTENTS 01 02 03 PROPERTY HIGHLIGHTS PHOTOS, AERIALS & MAPS NEARBY AMENITIES & CORPORATE NEIGHBORS 2
PROPERTY HIGHLIGHTS Strip retail center Fully leased out 100 feet of frontage on Three long term tenants Stable income EXECUTIVE SUMMARY ASKING PRICE:....$1,250,000.00 CAP RATE:.... 6.48% NOI:....±$80,976.86 AVERAGE RENT:....$1.00/sf/mo RENT INCREASES:....3% Annually LEASE TYPE:.... Modified Gross PROPERTY DETAILS 01 PROPERTY HIGHLIGHTS ADDRESS:.... 7th St., CA 92395 APN:....0396-201-32 BUILDING SIZE:....±6,000 Square Feet LOT SIZE:....16,000 Square Feet COVERAGE:....37.5% YEAR BUILT:....1979 PARKING:... 22 Spaces CONSTRUCTION:... Reinforced Concrete ZONING:.... C-2 General Commercial This statement with the information it contains is given with the understanding that negotiations relating to the purchase, renting or leasing of this property shall be conducted through this office. The information while not guaranteed has been secured from sources we believe to be reliable however, it is up to the buyer or tenant to verify the information and conduct appropriate due diligence. Coldwell Banker Commercial and its Logo are registered service marks owned by Coldwell Banker Real Estate, LLC. Each Office is Independently Owned and Operated. All Rights Reserved. 2017 3
PHOTOS, AERIALS & MAPS 02 Thisstatementwiththeinformationitcontainsisgivenwiththeunderstandingthatnegotiationsrelatingtothepurchase,rentingorleasingofthispropertyshallbeconductedthroughthisoffice.Theinformationwhilenotguaranteedhasbeensecuredfromsourceswebelievetobereliablehowever,itisupto the buyer or tenant to verify the information and conduct appropriate due diligence.coldwell Banker Commercial and its Logo are registered service marks owned by Coldwell Banker Real Estate,LLC.Each Office is Independently Owned and Operated.All Rights Reserved. 2017 4
Lor ene NEARBY AMENITIES 03 7th St Dr Valley Center Dr AutoPark at Valley Center Thisstatementwiththeinformationitcontainsisgivenwiththeunderstandingthatnegotiationsrelatingtothepurchase,rentingorleasingofthispropertyshallbeconductedthroughthisoffice.Theinformationwhilenotguaranteedhasbeensecuredfromsourceswebelievetobereliablehowever,itisupto the buyer or tenant to verify the information and conduct appropriate due diligence.coldwell Banker Commercial and its Logo are registered service marks owned by Coldwell Banker Real Estate,LLC.Each Office is Independently Owned and Operated.All Rights Reserved. 2017 5
7TH STREET VICTORVILLE, CA 92395 03 NEARBY AMENITIES This statement with the information it contains is given with the understanding that negotiations relating to the purchase, renting or leasing of this property shall be conducted through this office. The information while not guaranteed has been secured from sources we believe to be reliable however, it is up to the buyer or tenant to verify the information and conduct appropriate due diligence. Coldwell Banker Commercial and its Logo are registered service marks owned by Coldwell Banker Real Estate, LLC. Each Office is Independently Owned and Operated. All Rights Reserved. 2017