40282 Highway 41 - Freestanding FOR SALE


Oakhurst, CA 93644
$2,100,000 USD
619-787-6377
40282 Highway 41, Oakhurst, CA for Sale
$2,100,000 USD
Freestanding - FOR SALE
1/32
null | 6.16% Cap Rate

40282 Highway 41
Oakhurst, CA 93644


HIGHLIGHTS

  • Ample Parking: Approx. 73 Spaces
  • Excellent Investment Opportunity - Below Market Rents
  • 14 Unit, 11 Tenant Shopping Center
  • Located in the Heart of Oakhurst
  • First Time on the Market in Decades
  • Current Cap Rate: 6.16% - Proforma Cap Rate: 6.95

OVERVIEW

The Franco Realty Group is proud to exclusively present the Junction Plaza at 40282 Highway 41 Oakhurst, CA 93644 For Sale. The Junction Plaza is a fully leased out 14 unit, 11 tenant shopping center in the heart of Oakhurst. The Junction Plaza is a great investment opportunity with a high cap rate even with the below market rents. This 10,190 SF Building is sitting on a 48,352 SF Lot and boasts strong parking with 73 Spaces. This property is on the market for the first time in decades along with its counter part the Oakhurst Plaza at 40359 Highway 41 Oakhurst, CA 93644. For more information and a full offering memorandum please contact the Franco Realty Group.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

6.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Junction Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

CUM

APN/PARCEL ID

064-062-037

ASK ABOUT THIS PROPERTY

Sarkis KitsinianFranco Realty GroupMore Info
619-787-6377

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Sarkis KitsinianFranco Realty GroupMore Info
619-787-6377

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