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1553 Fremont Blvd 8,422 SF 100% Leased Retail Building Seaside, CA 93955 $4,519,433 ($536.62/SF) 6% Cap Rate
EXECUTIVE SUMMARY
Freestanding Pad Building at busy Grocery Outlet Anchored Center. Strong barriers to enter, with ground zero retail location in Seaside.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,422 SF
Building Class
B
Year Built
2006
Price
$4,519,433
Price Per SF
$536.62
Cap Rate
6%
NOI
$271,166
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.89 AC
Zoning
CMX - Commercial Mixed Use
Parking
47 Spaces (5.58 Spaces per 1,000 SF Leased)
Frontage
170’ on Fremont St
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 011-297-007-000 | Improvements Assessment | $3,984,050 |
| Land Assessment | $1,262,634 | Total Assessment | $5,246,684 |
PROPERTY TAXES
Parcel Number
011-297-007-000
Land Assessment
$1,262,634
Improvements Assessment
$3,984,050
Total Assessment
$5,246,684
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1553 Fremont Blvd
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