@properties Christie's International R.E.
Listed by @properties Christie's International R.E.
$999,000
1160 E Napier Avenue
Details
APN 11-03-0032-0006-21-9
Property Type Retail, Office
Sub Type Storefront, Executive Office
Square Footage 44,000
Units 3
Cap Rate 7.40%
Occupancy 70%
Tenancy Multi
Lease Type NNN
Price per SqFt $27
Class B
Year Built 1976
Buildings 1
Stories 1
Acreage 1.580
Parking Spaces 52 spaces
Parking Per SqFt 1.18
Ownership LLC
Building has two long term tenants that occupy 70% of the building.
Marketing description
Great investment opportunity especially for a business looking for prime commercial space with the added benefit of having two tenants to cover most of the property expenses. This high traffic location (15,000/day) offers great visibility to get your business noticed and boost sales. The building has been recently updated with a new facade, asphalt, roof, windows, doors, etc. This 44,000 sf building has roughly 34,0000 sf rented to B class tenants leaving 10,000 sf vacant and ready to buildout for future tenant or to owner occupy.
Investment highlights
- Loading Docks/Well: 2
- Total Parking Spaces: 52
- Grd Lvl OH Doors: 3
- Ceiling Height: 14
- Power/Phase: 3 phase
Listing Contacts
@properties Christie's International R.E.
Listed by @properties Christie's International R.E.
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