Listed by Helm Properties
$429,000
Carniceria El Matador Market Building
Details
Property Type Mixed Use, Retail
Sub Type Convenience Store
Square Footage 5,585
Units 3
Cap Rate 7.76%
NOI $33,278
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $77
Year Built 1950
Buildings 3
Stories 1
Lot Size (SqFt) 37,509
Zoning CMX
Ownership Fee Simple
Mixed Use | 7.76% CAP | 5,585 SF
Marketing description
Three-unit commercial building for sale with high visibility on Olivehurst Ave. The front section of the building is leased by Carniceria El Matador, a local market, and is leased until December 2030. The three back units are leased by a cabinet maker, and the tenant is month-to-month. Net operating income of $33,278. Easy access to HWY 70, close to BEACON Gas Station and RITE AID.
Investment highlights
Three-unit commercial building for sale
High visibility on Olivehurst Ave
The front section is leased by Carniceria El Matador (local market) until December 2030
Three back units are leased by a cabinet maker on a month-to-month basis
Convenient access to HWY 70
Listing Contacts
Listed by Helm Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,278.00
$2,773.17/mo
Valuation Metrics
0
DSCR
7.76%
Cap Rate
7.76%
ROI
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