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Enterprise Rent A Car 200 E Chestnut St 4,789 SF 100% Leased Retail Building Fort Bragg, CA 95437 $1,200,000 ($250.57/SF) 6.50% Cap Rate
Investment Highlights
- Prime Location
Executive Summary
Prime commercial automotive property at 200 E Chestnut Street in Fort Bragg, California. This established used car dealership and auto repair center sits on a spacious 0.77-acre lot (over 33,000 square feet) in a high-visibility location along a main corridor. For over 20 years, Sport Auto Center has been the go-to spot on the Mendocino Coast for quality used vehicles and full-service repairs on all makes and models. The site benefits from strong local loyalty, a solid 4.6-star reputation, and steady demand from both residents and the area's tourism traffic. The property offers excellent potential for an incoming buyer to continue operations, expand, or repurpose for other commercial uses in this coastal market. Positioned perfectly to serve Fort Bragg's community of about 7,000 and the surrounding scenic region, it's a rare turnkey opportunity in the auto sector.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$120,000
|
$25.06
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$120,000
|
$25.06
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $25.06 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $25.06 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
4,789 SF
Year Built/Renovated
1975/2005
Price
$1,200,000
Price Per SF
$250.57
Cap Rate
6.50%
NOI
$78,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.77 AC
Parking
60 Spaces (12.53 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Sport Auto Center
- -
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Sport Auto Center | - | - | - | Triple Net | - |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 018-020-58-00 | Improvements Assessment | $228,098 |
| Land Assessment | $568,876 | Total Assessment | $796,974 |
Property Taxes
Parcel Number
018-020-58-00
Land Assessment
$568,876
Improvements Assessment
$228,098
Total Assessment
$796,974
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