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Manor Center 53 Manor Dr 11,776 SF 100% Leased Retail Building Bay Point, CA 94565 $2,700,000 ($229.28/SF) 6.80% Cap Rate
Investment Highlights
- 100% Occupancy with majority of interior units renovated
- Majority of leases have 3% annual increases
- Hard signalized corner with ingress/egress in both directions
- All leases are NNN for minimal landlord responsibilities
Executive Summary
11,776 SF premier investment opportunity in Bay Point, CA
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
11,776 SF
Building Class
B
Year Built
1982
Price
$2,700,000
Price Per SF
$229.28
Cap Rate
6.80%
NOI
$183,524
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.92 AC
Opportunity Zone
Yes
Zoning
RB, Bay Point
Parking
43 Spaces (3.65 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 093-062-002-6 | Improvements Assessment | $1,566,788 |
| Land Assessment | $696,348 | Total Assessment | $2,263,136 |
Property Taxes
Parcel Number
093-062-002-6
Land Assessment
$696,348
Improvements Assessment
$1,566,788
Total Assessment
$2,263,136
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Manor Center | 53 Manor Dr
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