40359 Highway 41 - Freestanding FOR SALE


Oakhurst, CA 93644
$1,050,000 USD
619-787-6377
40359 Highway 41, Oakhurst, CA for Sale
$1,050,000 USD
Freestanding - FOR SALE
1/31
null | 5.22% Cap Rate

40359 Highway 41
Oakhurst, CA 93644


HIGHLIGHTS

  • Excellent Investment Opportunity - Below Market Rents
  • 11 Unit Shopping Center
  • First Time on the Market in Decades
  • Located in the Heart of Oakhurst
  • Ample Parking: Approx. 23 Spaces
  • Current Cap Rate: 5.22% - Proforma Cap Rate: 7.66%

OVERVIEW

The Franco Realty Group is proud to exclusively present the Oakhurst Plaza at 40359 Highway 41 Oakhurst, CA 93644 For Sale. The Oakhurst Plaza is an 11 unit shopping center in the heart of Oakhurst with only 1 vacancy. The Oakhurst Plaza is a great investment opportunity with a great cap rate even with the below market rents. This 7,000 SF Building is sitting on a 19,602 SF Lot and boasts strong parking with 23 onsite spaces. This property is on the market for the first time in decades along with its counter part the Junction Plaza at 40282 Highway 41 Oakhurst, CA 93644. For more information and a full offering memorandum please contact the Franco Realty Group.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

5.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oakhurst Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

CUM

APN/PARCEL ID

065-080-023

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.