Description
Rehabilitated in 2009-Three unit retail property located on 19th Street, a major thoroughfare with high traffic count, with many major retailers such as McDonald's (next door), In-N-Out Burger, Bank of America, Triangle Square, Starbucks Coffee, 24 Hour Fitness, Coffee Bean and Tea Leave, Buffalo Wild Wings, Smart & Final, and many others. Subject property has three retail units, One occupied by Little Caesars which has occupied the property for over 11 years and has over 14 years of lease term remaining including option periods; One occupied by Up In Smoke, a tobacco shop with four locations, and a good operator. The third unit is not occupied making this property suitable for a user. The income indicated here is a proforma income reflecting rental income of $3.25 per SF per month. All leases are NNN allowing the owner to pass through the property expenses to the tenants. Contact Ron Novini for more information on the rental income, expenses and other pertinent facts.
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0BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Rehabilitated in 2009-Three unit retail property located on 19th Street, a major thoroughfare with high traffic count, with many major retailers such as McDonald's (next door), In-N-Out Burger, Bank of America, Triangle Square, Starbucks Coffee, 24 Hour Fitness, Coffee Bean and Tea Leave, Buffalo Wild Wings, Smart & Final, and many others. Subject property has three retail units, One occupied by Little Caesars which has occupied the property for over 11 years and has over 14 years of lease term remaining including option periods; One occupied by Up In Smoke, a tobacco shop with four locations, and a good operator. The third unit is not occupied making this property suitable for a user. The income indicated here is a proforma income reflecting rental income of $3.25 per SF per month. All leases are NNN allowing the owner to pass through the property expenses to the tenants. Contact Ron Novini for more information on the rental income, expenses and other pertinent facts.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-18T08:33:15.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Ivan and Maria | Real Estate One. Licensed in the State of California, USA.