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Investment Highlights
- 3 Phase power. Tenant has a thriving business. Business was established 1999.
Executive Summary
NEW PRICE!!! Sale to include both 1503 S. 56th St and 1537 S 56th St. Cell tower is owned by others. Currently occupied by tenant Hassler Heating on NNN lease for 2 more years. Tenant has one five year option.
Data Room Click Here to Access
Taxes & Operating Expenses (Actual - 2024) |
Annual |
|---|---|
| Gross Rental Income |
$138,000
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$138,000
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $138,000 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $138,000 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | $1,988,000 | Status | Active |
| Price / SF | $370.20 / SF | Number of Properties | 2 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 6.94% | Total Building Size | 5,370 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.42 AC |
| Price | $1,988,000 |
| Price / SF | $370.20 / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 6.94% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,370 SF |
| Total Land Area | 0.42 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1537 S 56th St, El Cerrito, CA 94530 | Industrial | 4,470 SF | 1981 | - |
| 1503 S 56th St, El Cerrito, CA 94530 | Industrial | 900 SF | 1979 | - |
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1537 & 1503 S. 56th St
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