Listed by Santa Maria -Pacifica Commercial Realty
$3,350,000
1604 E CLARK AVE SANTA MARIA CA 93455
Details
APN 103-750-046
Property Type Retail
Square Footage 4,500
Net Rentable (SqFt) 4,500
Units 2
NOI $193,620
Occupancy 100%
Tenancy Multi
Lease Type Net
Class B
Year Built 2019
Buildings 1
Stories 1
Lot Size (SqFt) 20,909
Zoning CC- Community Commercial
Ground Lease No
Retail Building For Sale | +/-4,500 SF
Marketing description
Newer Retail Building located in the Orcutt Hills Plaza next to Verizon Wireless, Cottage Urgent Care and Grocery Outlet. The building is 100% leased and currently occupied by Nail Beauty Salon and Dr. Greenthumb's Orcutt Cannabis Dispensary.
Orcutt Hills Plaza is a "hub" for local Orcutt residents as well as travelers with the close proximity to the US 101 Freeway and great visibility from the highly traveled Clark Ave. With the new construction of Starbucks and Chevron gas station, as well as plans for another 248,000sf commercial retail development directly across Clark Ave, this investment opportunity won't last long.
Listing Contacts
Listed by Santa Maria -Pacifica Commercial Realty
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
$193,620.00
$16,135.00/mo
Valuation Metrics
0
DSCR
5.78%
Cap Rate
5.78%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
