1048-1072 Kern St - Storefront Retail/Office FOR SALE


Taft, CA 93268
$4,070,000 USD
415-269-8969
1048-1072 Kern St, Taft, CA for Sale
$4,070,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | 6.74% Cap Rate

1048-1072 Kern St
Taft, CA 93268


HIGHLIGHTS

  • Diverse Tenant Mix with Long-Term Commitments & New 2024 Leases
  • High-Visibility Retail at an Attractive Price Point
  • Market-Dominant, Grocery-Anchored Center
  • Recent Operational Enhancements Driving Value
  • Active Leasing Momentum & Upside Potential
  • Strategic Location with Strong Economic Drivers

OVERVIEW

In-line shops within a thriving grocery anchored center (newly extended Albertsons). New ownership, great mix of new leases, and lease extensions on tenants with decades of successful operation at the center.

FOR SALE DETAILS

PRICE

$4,070,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

6.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taft Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

GC

APN/PARCEL ID

032-520-16-00-1

ASK ABOUT THIS PROPERTY

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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