Listed by Santa Maria -Pacifica Commercial Realty
$3,350,000
1606 E CLARK AVE SANTA MARIA CA 93455
Details
APN 103-750-045
Property Type Retail
Square Footage 4,500
Net Rentable (SqFt) 4,500
Units 2
NOI $197,880
Occupancy 100%
Tenancy Multi
Lease Type Net
Class B
Year Built 2019
Buildings 1
Stories 1
Lot Size (SqFt) 21,780
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 in between Verizon Wireless & Grocery Outlet. The building is 100% leased and currently occupied by Cottage Urgent Care and Epic Spa.
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
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$197,880.00
$16,490.00/mo
Valuation Metrics
0
DSCR
5.91%
Cap Rate
5.91%
ROI
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