405 W D ST Lemoore CA 93245-2611

Leased freestanding buildings totaling ±5,820 SF consisting of commercial & residential units. The property includes a ±1,900 SF restaurant space & a ±1,500 SF apartment with an attached ±570 SF garage. There is additional potential to lease out a ±350 office suite & a ±1,500 SF warehouse/storage suite. This is a value-add opportunity with current occupancy at 68% and actual collected rents totaling $39,600 per year, with upside potential. The site features great visibility, convenient parking, & easy access to nearby CA-41 & CA-198 on/off ramps.

The value-add opportunity consists of addressing the below-market rent of the (2) existing tenants, extending lease length over the next 6-12 months. After addressing the slightly under-market rents, the realistic stabilized gross annual income is $50,100.00\year. Unique investment offering easy to-rent small spaces within an under-built market offering a strong need for these type of units.

• Owner User/Investment Opportunity: Restaurant & Apartment

• ±1,900 SF Remodeled Restaurant in Lemoore, CA

• ±1,500 SF Occupied Apartment & ±570 SF Garage Included in Sale

• ±350 SF Office & ±1,500 SF Storage Below Apartment

• Restaurant Equipment Owned By Current Tenant

• New Urethane Enhanced White Waterproof Roof Coating

• Long Term Tenants w/ Upside Potential Via Leasing

• Quality Roof, Working HVAC's, & Functional Floorplans

• Well-Known Freestanding Building w/ D Street Exposure

• Private Lit Parking Lot + Street Parking | Great Visibility

• Convenient Location Between CA-41 and CA-198

• Busy & Established Corridor w/ Quick Access to Downtown

• Quality Construction | Well Maintained | Economical Spaces

• Energy Efficient Improvements - Separately Metered Utilities

• Seller Carry Available