Listed by Woodford Commercial Real Estate
$2,400,000
711 & 717 Vandercook Way
Details
APN 2-3850, 1-0001
Property Type Retail, Office
Sub Type Storefront, Shopping Center
Square Footage 11,562
Net Rentable (SqFt) 11,562
Units 7
Cap Rate 7.03%
NOI $168,631
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $212
Buildings 2
Stories 2
Lot Size (SqFt) 21,444
Zoning CBD - Central Business District
Parking Spaces spaces
Investment Type Core+
Ground Lease No
Vandercook Plaza | 7% CAP Rate!
Marketing description
Ideal income office/retail building now available for sale! This two-story building features approx. 11,562 SF spread over 7 total spaces, has a large parking lot, rear parking easement, and has one of the best corner locations for excellent signage and visibility. A majority of the spaces have been tastefully updated over the past 5 years. This property is offered at a 7.0% CAP Rate with great potential upside. This building has had historically low vacancy and potential for rent increases upon lease renewals. This would make an excellent addition to your portfolio, so call today to get more information on this property.
Listing Contacts
Listed by Woodford Commercial Real Estate
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$168,631.00
$14,052.58/mo
Valuation Metrics
0
DSCR
7.03%
Cap Rate
7.03%
ROI
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