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Strip Center | Trinity County CA 60 Miner St 4,810 SF 79% Leased Retail Building Weaverville, CA 96093 $401,000 ($83.37/SF) 7.59% Cap Rate
Investment Highlights
- Multi-Tenant Strip Center | Fee Simple Ownership
- Downtown Weaverville | State Highway 299 Frontage
- Value-Add Upside | Lease-Up & Mark-to-Market
- Established Trinity County Trade Area
Executive Summary
• 4,810 SF three-tenant strip center on a 0.92-acre fee simple parcel in downtown Weaverville, offered at a 7.60% cap rate on in-place income
• Rent roll of daily-needs and service tenants including Mt Chiropractic, Total Image and Human Response Network, with no single tenant exceeding 41%of the rentable area
• Rent roll of daily-needs and service tenants including Mt Chiropractic, Total Image and Human Response Network, with no single tenant exceeding 41%of the rentable area
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,810 SF
Year Built
1978
Price
$401,000
Price Per SF
$83.37
Cap Rate
7.59%
NOI
$30,443
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.92 AC
Zoning
C - Commercial
Parking
31 Spaces (6.44 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 001-100-058-000 | Improvements Assessment | $227,475 |
| Land Assessment | $85,298 | Total Assessment | $312,773 |
Property Taxes
Parcel Number
001-100-058-000
Land Assessment
$85,298
Improvements Assessment
$227,475
Total Assessment
$312,773
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