1000 Playa Ave - Retail FOR SALE


Seaside, CA 93955
$3,000,000 USD
408-802-8444
1000 Playa Ave, Seaside, CA for Sale
$3,000,000 USD
Retail - FOR SALE
1/2
null | Request Cap Rate

1000 Playa Ave
Seaside, CA 93955


HIGHLIGHTS

  • At entrance to Costco and Edgewater Power Center (over 500,000 SF center)
  • Dense local population count
  • Hard corner signalized intersection
  • Zoning: Retail/Auto Service Pad (buyer to verify)

OVERVIEW

NNN Sale Of Master Ground Leasehold Listing consisting of current 20-year Ground Sublease (15+ years remain under initial term) to Halle Properties/Discount Tire Co. under a Seller prepaid Master Ground Lease of 99 years (93 years remaining – LED 2/11/2119). This is not a fee simple sale.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$366 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,259 SF

ZONING

Retail/Auto Service

APN/PARCEL ID

011-524-009-000

ASK ABOUT THIS PROPERTY

Jon StansburyKidder MathewsMore Info
408-802-8444

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Jon StansburyKidder MathewsMore Info
408-802-8444

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