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415 E Olive Ave 2,856 SF 100% Leased Office Building Turlock, CA 95380 $874,950 ($306.36/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- High traffic downtown area
- Fully leased
- Ample parking
EXECUTIVE SUMMARY
Rare opportunity to acquire a single-story, fully-leased commercial office building in a highly desirable downtown Turlock location. This
exceptional property features four fully occupied commercial suites on a generous 6,250 sq ft lot. The well-proportioned units offer flexible space
for diverse tenants, measuring approximately 1,086 sq ft, 583 sq ft, 538 sq ft, and 528 sq ft respectively. Key highlights include ample dedicated
parking and high visibility, ensuring great tenant retention and stable income. This property represents a turnkey investment with immediate
income generation potential in a active urban core.
exceptional property features four fully occupied commercial suites on a generous 6,250 sq ft lot. The well-proportioned units offer flexible space
for diverse tenants, measuring approximately 1,086 sq ft, 583 sq ft, 538 sq ft, and 528 sq ft respectively. Key highlights include ample dedicated
parking and high visibility, ensuring great tenant retention and stable income. This property represents a turnkey investment with immediate
income generation potential in a active urban core.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
2,856 SF
Building Class
C
Year Built
1990
Price
$874,950
Price Per SF
$306.36
Cap Rate
4%
NOI
$34,998
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,856 SF
Building FAR
0.47
Lot Size
0.14 AC
Zoning
C-2, Turlock - Commercial
Parking
10 Spaces (3.5 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Lush Nails Studio
- Services
- -
- -
- -
- New Day Spa
- Services
- -
- -
- -
- Tajinder Singh
- -
- -
- -
- -
- Turlock Plumbing Heating & Air Conditioning
- Construction
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Lush Nails Studio | Services | - | - | - | ||
| New Day Spa | Services | - | - | - | ||
| Tajinder Singh | - | - | - | - | ||
| Turlock Plumbing Heating & Air Conditioning | Construction | - | - | - |
1 1
Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 061-24-26 | Improvements Assessment | $294,107 |
| Land Assessment | $124,048 | Total Assessment | $418,155 |
PROPERTY TAXES
Parcel Number
061-24-26
Land Assessment
$124,048
Improvements Assessment
$294,107
Total Assessment
$418,155
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415 E Olive Ave
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