2727 Via Cascadita 24,933 SF 100% Leased Retail Building San Clemente, CA 92672 $9,000,000 ($360.97/SF) 7.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Amazing Owner-User Opportunity
- Prime Orange County Location - Within Walking Distance to Beaches, Parks, and Downtown San Clemente
- Densely Populated Affluent Area: Features an Average Household Income of $136k+ within a five-mile radius and 106k+ People Residing within a five-mile
- Future Development Potential
- Located Near Many Residential/Retail Developments
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
24,933 SF
Building Class
B
Year Built
1966
Price
$9,000,000
Price Per SF
$360.97
Cap Rate
7.30%
NOI
$657,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
2.76 AC
Zoning
C-1-N - neighborhood commercial zone
Parking
100 Spaces (4.01 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 691-303-04 | Total Assessment | $2,294,565 (2024) |
| Land Assessment | $1,916,143 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $378,422 (2024) | Tax Year | 2023 |
