20601 State Highway 202 - Storefront Retail/Office FOR SALE


Tehachapi, CA 93561
$3,750,000 USD
650-219-7299
20601 State Highway 202, Tehachapi, CA for Sale
$3,750,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | Request Cap Rate

20601 State Highway 202
Tehachapi, CA 93561


HIGHLIGHTS

  • Lighted Parking Lot with Ample Parking, over 112 parking spaces for shoppers and employees
  • Ability to push under-market rates. Priced Below Replacement Cost
  • Stable cash flow with significant NOI growth. Below Market Rents

OVERVIEW

Realty World Hirsch & Associates is pleased to offer for sale Great Oaks Plaza Prime Retail/Office Shopping Center in Tehachapi, CA. This modern, well maintained shopping center offers 22,203 square feet of versatile space ideal for retail or office use. Strategically located on one of Tehachapi’s main thoroughfares, the property enjoys high visibility and steady traffic, making it a perfect destination for businesses looking to maximize exposure. Built in 2010, the center features a clean, contemporary design with quality finishes, wide storefronts, and excellent signage opportunities. Located on Valley Blvd, a major thoroughfare and premier location in the submarket. Affluent and growing trade area. Excellent access, frontage and visibility. The property offers convenient access to shoppers from middle and upper-middle income residential neighborhoods. Great Oaks Plaza's premier location offers an investor a rare opportunity in a rapidly growing market with excellent demographics, strong local and regional fundamentals, and a steady increase in jobs and development that will continue to enhance and maintain the stabilization of the property.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

-

APN/PARCEL ID

466-060-41-00-3

ASK ABOUT THIS PROPERTY

Jack Hirsch CCIMRealty World Hirsch & AssociatesMore Info
650-219-7299

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Jack Hirsch CCIMRealty World Hirsch & AssociatesMore Info
650-219-7299

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