Listed by First Commercial Real Estate
$495,000
3-unit Strip For Sale
Details
APN 0149B 034
Property Type Retail
Sub Type Storefront
Square Footage 4,000
Net Rentable (SqFt) 4,000
Units 3
Cap Rate 7.27%
NOI $36,000
Occupancy 100%
Tenancy Multi
Lease Type Modified
Remaining Term 2
Pro-Forma Cap Rate 7.27%
Pro-Forma NOI $36,000
Price per SqFt $124
Broker Co-Op Yes
Class B
Year Built 2006
Buildings 1
Acreage 0.893
Zoning C-H
Parking Spaces 20 spaces
Parking per 1,000 SqFt 5.00
4,000 sf, 3-unit strip, 7.3% Cap, 100% leased, $495,000 price
Marketing description
Rare offering: 100% leased, 4000-sf, 3-unit strip commercial income property, affordable price point. Unit A/B, 2000 sf, leased $1995/mo.; Unit C, 1000 sf, leased $1000/mo.; Unit D, 1000 sf, leased $1000/mo. Zoned C-H. Inside city, water & sewer at site. Strategic location on Inner Perimeter, a busy, popular 4-lane divided major corridor. 15,000 vehicles per day traffic count and growing as City continues its water & sewer installation nearby. Lots of new growth in this area including new U-Haul Moving & Storage Center coming soon. $3995/mo rent = $47,940/yr gross, less 25% OpEx = $36,000/yr NOI $495,000 list price = 7.3% cap rate at list price.
Listing Contacts
Listed by First Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,000.00
$3,000.00/mo
Valuation Metrics
0
DSCR
7.27%
Cap Rate
7.27%
ROI
Map
Zoning
C-H CommercialSpecial CommercialHighway Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 124 uses
View all 124 uses Last updated Jan 26, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
