Mike Cotter - Commercial Real Estate Showcase

Mike Cotter Property Listings
Agent
Mike Cotter
1933 Glenridge Rd
Escondido, CA 92027
(949) 322-6009


DetailMap
520 - 522 S Main Avenue

Fallbrook, CA 92028 - Outlying SD County N Ret Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:-
Building Size:4,908 SF Land Area:.32 AC (13,939 SF)
For Sale Price:$1,200,000 Price/SF:$244.50
Cap Rate:6.00 %
Parking:Free Surface spaces are available; Ratio of 4.92/1,000 SF



Sale Notes:
Cash Cow in prize location downtown Fallbrook. 520 and 522 S Main. Two commercial buildings on one parcel. Both tenants (St Vincent De Paul and Fallbrook Florist) well established and very long term. $98,292 annual rent with COL adjustments built in. Tenants responsible for everything except walls, foundation and roof. Four years left on one lease, 6 years left on the other. Family Trust needs to sell.

520-522 S. Main in Fallbrook is a prize location in the heart of historic downtown Fallbrook. Lot size is very approximate at this time. Principals only please at this time. Parking lot was recently repaired and slurry sealed.

Mike Cotter
Mike Cotter
(949) 322-6009




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