Mike Cotter - Commercial Real Estate Showcase

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

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

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="http://www.showcase.com/property/520-522-S-Main-Avenue/Fallbrook/California/6249984" target="_blank">520 - 522 S Main Avenue, Fallbrook, CA - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2017 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map |  800-216-3234