335-377 S Golden State Blvd - Storefront Retail/Office FOR SALE


Turlock, CA 95380
$3,500,000 USD
408-439-8875
335-377 S Golden State Blvd, Turlock, CA for Sale
$3,500,000 USD
Storefront Retail/Office - FOR SALE
1/27
null | 6.8% Cap Rate

335-377 S Golden State Blvd
Turlock, CA 95380


HIGHLIGHTS

  • VALUE ADDOPPORTUNITY THROUGH LEASE RENEWALS
  • Excellent cashflow from day 1
  • 88.8% occupied
  • Low price per square foot $189
  • Established tenants - 81% of the tenants have been at the center for 5 years or more
  • Strong tenant mix of service based retailers

OVERVIEW

Golden StateBlvd offers an investor the unique opportunity to acquire an 18,488 SF multi-tenant retail strip center in the heart of Turlock, CA. Turlock is located in Stanislaus County and is home to approximately 73,000 residents. This asset offers a mixture of local tenants, service based tenants. There are 11 tenants total all with varying lease end dates and annual increases thereby providing an excellent long term hedge against inflation.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

C-C

APN/PARCEL ID

043-50-02

ASK ABOUT THIS PROPERTY

Mike PrioloSVN | Capital West PartnersMore Info
408-439-8875

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Mike PrioloSVN | Capital West PartnersMore Info
408-439-8875

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