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Kmart - Bishop Shopping Center 1200 Main St 105,729 SF Retail Building Bishop, CA 93514 $6,490,000 ($61.38/SF) 12.01% Cap Rate
Investment Highlights
- NNN Lease | No Landlord Obligations
- High Volume Traffic Area
- Tremendous Retail Redevelopment Opportunity
- Dark Free Standing Building
- Excellent Location | Highly visible and easily accessible
- Retail Competitors are 2+ hours away
Executive Summary
The subject property is a 105,462 square foot, single tenant Kmart in Bishop, CA, approximately 1 hour outside of Yosemite National Park. The tenant is subject to an absolute NNN lease. The lease calls for zero landlord obligations and the tenant has an additional nine, 5 year options to renew.
This dark freestanding building is situated in the primary retail shopping area for Bishop. Neighboring retailers include Vons, Smart & Final, Denny’s, Starbucks, and many others. This location also benefits from its position on a heavily trafficked thoroughfare.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Kmart
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Kmart | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
105,729 SQ. FT. adaptive reuse of retail for warehouse/storage/Distribution uses Divisible to 20,000 SF A portion or the entire building can be modified to satisfy user demand Rare 20,000 to 105,729 sq. ft. of Distribution/Warehouse Space A user can lease this entire +/-105,729 square foot building, divisible to +/-20,000 square feet very soon. The building has a huge parking area to accommodate companies with many employees, expansion space or outdoor storage use. Your company's warehouse/distribution/industrial/office/R&D or retail needs can be accommodated by the owner’s renovation. The location is in Central Bishop with immediate access to highway 395 (Mammoth and Reno to the North and Los Angeles to the South), Highway 6 and the Bishop Airport. Designed for flexibility, the space offers a functional layout ideal for a variety of distribution, warehouse, or specialty uses. With prominent street frontage, convenient access, and dedicated on-site parking, this location provides an excellent opportunity for tenants seeking strong exposure and a presence within Bishop's primary shopping destination. Multiple roll-up doors can be added. The building can also accomodate cold storage uses and users with many other needs. The building was built to Title 24 Energy standards. The building is serviced by Edison with 1,600A. Ceiling Heights from bottom of girder ranges from 13' to 15', bottom of truss 15' to 18'. Additional land may be available to provide more space, parking and outdoor storage for users.
| Space | Size | Space Use | Position | Available |
| 1200 N Main Street | 20,000-105,729 SF | Retail | - | Now |
1200 N Main Street
| Size |
| 20,000-105,729 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1200 N Main Street
| Size | 20,000-105,729 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
105,729 SQ. FT. adaptive reuse of retail for warehouse/storage/Distribution uses Divisible to 20,000 SF A portion or the entire building can be modified to satisfy user demand Rare 20,000 to 105,729 sq. ft. of Distribution/Warehouse Space A user can lease this entire +/-105,729 square foot building, divisible to +/-20,000 square feet very soon. The building has a huge parking area to accommodate companies with many employees, expansion space or outdoor storage use. Your company's warehouse/distribution/industrial/office/R&D or retail needs can be accommodated by the owner’s renovation. The location is in Central Bishop with immediate access to highway 395 (Mammoth and Reno to the North and Los Angeles to the South), Highway 6 and the Bishop Airport. Designed for flexibility, the space offers a functional layout ideal for a variety of distribution, warehouse, or specialty uses. With prominent street frontage, convenient access, and dedicated on-site parking, this location provides an excellent opportunity for tenants seeking strong exposure and a presence within Bishop's primary shopping destination. Multiple roll-up doors can be added. The building can also accomodate cold storage uses and users with many other needs. The building was built to Title 24 Energy standards. The building is serviced by Edison with 1,600A. Ceiling Heights from bottom of girder ranges from 13' to 15', bottom of truss 15' to 18'. Additional land may be available to provide more space, parking and outdoor storage for users.
Nearby Major Retailers
Property Taxes
| Parcel Number | 008-360-10 | Improvements Assessment | $10,432,755 |
| Land Assessment | $2,187,884 | Total Assessment | $12,620,639 |
Property Taxes
Presented by
Kmart - Bishop Shopping Center | 1200 Main St
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