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301 N Main St 9,600 SF Retail Building Blythe, CA 92225 $1,837,000 ($191.35/SF) 7.25% Cap Rate

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EXECUTIVE SUMMARY

Property Features:
- Available For a Owner User or an Investor
- Owner Willing to Lease Back From Buyer for $11,100 + NNN / Month. If Lease Back is Not Desirable, Owner Will Move Out By Close of Escrow.
- 7.25% Cap Rate
- Opportunity & Hub Zoned
- 2,600 Sf Metal Shelving Mezzanine
- 1,500 Fenced and Covered Loading/Storage Area
- 12 ft x 12 ft Grade Level Door
- 17 ft Clear Height
- 28 Parking Spaces

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,600 SF
Building Class
C
Year Built
1990
Price
$1,837,000
Price Per SF
$191.35
Cap Rate
7.25%
NOI
$133,183
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
M2
Parking
38 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
208’ on N Main Street

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • JME Investments LLC
  • Services
  • 9,500 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
JME Investments LLC Services 9,500 SF - -

NEARBY MAJOR RETAILERS

CrossFit
U.S. Bank
Mechanics Bank
Grocery Outlet
Smart & Final
Starbucks
Albertsons Bakery
Sizzler
Storage Direct
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
845-040-012
Land Assessment
$63,829
Improvements Assessment
$197,296
Total Assessment
$261,125
  • Listing ID: 21780093

  • Date on Market: 12/16/2020

  • Last Updated:

  • Address: 301 N Main St, Blythe, CA 92225

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