100 1st St - Specialty FOR SALE


Coalinga, CA 93210
$265,000 USD
559-705-1000
100 1st St, Coalinga, CA for Sale
$265,000 USD
Specialty - FOR SALE
1/35
null | 8.51% Cap Rate

100 1st St
Coalinga, CA 93210


HIGHLIGHTS

  • Gross Annual Rent of $30,561
  • ±1,504 SF Office Building in Coalinga, CA
  • CalNeva Has Operated At This Location Since 2016
  • Fully Leased Investment Property | Lease Through 2031
  • Functional Office Space | Easy To Rent
  • Long-Term Tenant | Low Turnover | Low Maintenance

OVERVIEW

Property Description 100% Leased Investment Opportunity: Prime location offering ±1,504 SF of office space on ±0.264 acres in Coalinga, California. The property sits comfortably in the heart of Coalinga, and is right off of CA 198 providing easy accessibility. The building includes an open reception space, a warehouse storage area, two private bathrooms, an fenced outdoor storage area, and open dirt lot area. The tenant has been at this location since 2016, and is signed on through September of 2031. Tenant Info: CalNeva Broadband provides households and businesses in rural areas with easy access to internet. They provide services in areas like Huron, Sea Ranch, Gualala, and Coalinga. They also offer a variety of Digital Phone Service packages that include local and long distance, conference calling, voice messaging, and caller ID. Location Description Visible location on 1st Street and East Forest Ave right off of CA 198. Leased office on a large, open lot. Centrally located around a number of national high quality tenants including Taco Bell, KFC, McDonalds, Subway, Save Mart, O'Reilly Auto Parts, Starbucks, Little Caesars Pizza, Tractor Supply Co., Burger King, and Big 5 Sporting Goods. Coalinga is a city in the Pleasant Valley in Fresno County and the western San Joaquin Valley, in central California about 80 miles (128 km) southeast of Salinas. It was formerly known as Coaling Station A, Coalingo, and Coalinga Station. The population was 17,590 as of the 2020 census, up from 13,380 at the 2010 census. It is the site of both Pleasant Valley State Prison and Coalinga State Hospital.

FOR SALE DETAILS

PRICE

$265,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

8.51%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Central Valley Cable Tv

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,500 SF

ZONING

CM, Coalinga

APN/PARCEL ID

072-144-01

ASK ABOUT THIS PROPERTY

Jared EnnisCentral CA CommercialMore Info
559-705-1000

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Jared EnnisCentral CA CommercialMore Info
559-705-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.