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40120 Hwy 41 2,500 SF Retail Condo Unit Offered at $320,000 in Oakhurst, CA 93644

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Investment Highlights

Fully Leased, Prime Location, High Traffic Area
Absolute NN Lease w/ Healthy Annual Increases
Great Visibility | Directly Behind McDonalds

Experienced Operator, Scheduled Rent Increases
Below Market Lease Rate W/ Added Value/Appreciation
Motivated Seller: Asking Price Is Less Than Assessed Value

1 Unit Available

Unit J
2,500 SF
Retail
$320,000 ($128.00/SF)
-

Sale Type	Owner User	APN/Parcel ID	064-190-001

Sale Type	Owner User
APN/Parcel ID	064-190-001

Sale Notes

Single-tenant NN leased freestanding retail investment building with long term tenant DBA "Something Special" on a 5-year lease with $50 annual rent increases. The lease rate is very conservative at only $0.94/SF/month, making this a very profitable location. High exposure ±2,500 SF retail building offering ample paved parking on ±0.65 acres in Oakhurst, CA. The property offers an open layout consisting of a large open retail area with rear private offices/restrooms. The property has been well maintained and has a Phoenix coating on the roof, all A/C's are in great condition and have been serviced every 6 months. Located directly behind McDonald's off of CA-41 which carries ±18,757 cars & CA-49 that carries ±12,644 per day. The visibility offers a tremendous draw of traffic from the neighboring schools and neighborhoods. The property provides opportunity with easy access to Freeway CA-41, while being located nearby several retail amenities (shopping and restaurants).

Tenants Business: Something Special has been open & operating for about 7 years. Something Special is a co-op of mountain artist & retailers. Featuring unique hand-crafted items, home decor, custom made jewelry, jewelry repair, one of a kind gifts & more. With an inventory that is constantly changing & expanding this shop will bring endless opportunities to nearby consumers.

40120 Highway 41 #J, Oakhurst, CA - NEW FLYER

Unit	Unit Size	Condo Use	Price	NOI
Unit J	2,500 SF	Retail	$320,000 ($128.00/SF)	-

Unit Size

2,500 SF

Condo Use

Retail

Price

$320,000 ($128.00/SF)

NOI

1 of 0

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Unit Size	2,500 SF
Condo Use	Retail
Price	$320,000 ($128.00/SF)
NOI	-
Sale Type	Owner User
APN/Parcel ID	064-190-001
Sale Notes
Single-tenant NN leased freestanding retail investment building with long term tenant DBA "Something Special" on a 5-year lease with $50 annual rent increases. The lease rate is very conservative at only $0.94/SF/month, making this a very profitable location. High exposure ±2,500 SF retail building offering ample paved parking on ±0.65 acres in Oakhurst, CA. The property offers an open layout consisting of a large open retail area with rear private offices/restrooms. The property has been well maintained and has a Phoenix coating on the roof, all A/C's are in great condition and have been serviced every 6 months. Located directly behind McDonald's off of CA-41 which carries ±18,757 cars & CA-49 that carries ±12,644 per day. The visibility offers a tremendous draw of traffic from the neighboring schools and neighborhoods. The property provides opportunity with easy access to Freeway CA-41, while being located nearby several retail amenities (shopping and restaurants).<br> <br> Tenants Business: Something Special has been open & operating for about 7 years. Something Special is a co-op of mountain artist & retailers. Featuring unique hand-crafted items, home decor, custom made jewelry, jewelry repair, one of a kind gifts & more. With an inventory that is constantly changing & expanding this shop will bring endless opportunities to nearby consumers.</li></ul>

40120 Highway 41 #J, Oakhurst, CA - NEW FLYER

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.

Total Building Size	4,825 SF	Typical Floor Size	4,825 SF
Property Type	Retail (Condo)	Year Built	1984
Property Subtype	Freestanding	Lot Size	0.11 AC
Building Class	C	Parking Ratio	3.73/1,000 SF
Floors	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	PSC - Commercial

Total Building Size	4,825 SF
Property Type	Retail (Condo)
Property Subtype	Freestanding
Building Class	C
Floors	1
Typical Floor Size	4,825 SF
Year Built	1984
Lot Size	0.11 AC
Parking Ratio	3.73/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	PSC - Commercial