Listed by Sds Realty Inc.
$600,000
1517 East Sprague Avenue
Details
Property Type Retail, Industrial
Sub Type Warehouse, Storefront
Square Footage 5,900
Net Rentable (SqFt) 5,900
Cap Rate 7.43%
NOI $44,556
Tenancy Single
Lease Type NNN
Lease Expiration 04/30/2027
Year Built 1907
Acreage 0.140
Zoning CC1
Ground Lease No
Retail | 7.43% CAP | 5,900 SqFt
Marketing description
This property is ideal for retail store with need for warehouse, showroom, restaurant or bar. The building features abundant frontage that allows impactful signage placement, while natural light fills the retail space enhancing customer experience. Recent mechanical updates ensure reliable operational performance, and two grade level roll up doors facilitate deliveries and stock management. Updated in 2023 with a 2-layer silicone roof system and pre-plumbed for restaurant or bar use, this property received a new electrical and LED lighting package in 2020.
Investment highlights
- Ideal for retail store with need for warehouse, showroom, restaurant or bar
- Abundant frontage allows impactful signage placement
- Natural light fills retail space enhancing customer experience
- Recent mechanical updates ensure reliable operational performance
- Two grade level roll up doors for deliveries and stock management
- Ideal for owner-user or long-term retail tenant
- Updated in 2023 with a 2-layer silicone roof system
- Pre-plumbed for restaurant or bar
- New electrical and led lighting package in 2020
- Lease in place until 4/30/27 (Tenant may vacate early for ower-user)
Listing Contacts
Listed by Sds Realty Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$44,556.00
$3,713.00/mo
Valuation Metrics
0
DSCR
7.43%
Cap Rate
7.43%
ROI
Map
Zoning
CC2 SpecialCenter And Corridor Type 2
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View all 24 uses
View all 24 uses Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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