187 W Pine St - Office FOR SALE


Bishop, CA 93514
$572,000 USD
949-230-1487
187 W Pine St, Bishop, CA for Sale
$572,000 USD
Office - FOR SALE
1/8
null | 8.01% Cap Rate

187 W Pine St
Bishop, CA 93514


HIGHLIGHTS

  • New 5-Year Lease | Two 5-Year Options To Extend | Limited Supply
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Right Off Hwy 395 (17,000 VPD) | Centralized Location | Gateway to Mammoth Lakes and Eastern Sierras (2.8M Visitors)
  • Affluent AHHI | Strong Demographics in 5-Mile Trade Area

OVERVIEW

• Kern Regional Center is a 21 location private, nonprofit regional centers contracted by the State of California through the Department of Developmental Services (DDS) to coordinate community-based services and support for individuals with developmental disabilities and their families. • New 5-Year Lease with 2 (5-year) option extensions • 3% annual rent increases • There are no comparable properties available for lease in Bishop, CA, creating long term tenant stability

FOR SALE DETAILS

PRICE

$572,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

8.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AAA

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

001-091-05

ASK ABOUT THIS PROPERTY

Alexander MooreSRS National Net LeaseMore Info
949-230-1487

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Alexander MooreSRS National Net LeaseMore Info
949-230-1487

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