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6395 Pony Express Trl 4,042 SF 100% Leased Retail Building Pollock Pines, CA 95726 $377,700 ($93.44/SF) 6.20% Cap Rate
Executive Summary
Attention Investors! 4042 sf building in beautiful Pollock Pines, also known as Natures Wonderland! 2 units: #1 is 1500sf and #2 is 2542sf & both are fully rented. Building was built in 1999. Roof replaced in 2018, replaced siding in 2018, Septic replaced in 2018, new leach-field and specialized tank with alarm. Terrific location, across from True Value Hardware & Fire-station, next to 50 Grand Steak House, CVS, Safeway, other stores & restaurants nearby. Located in east Pollock Pines where Sly Park Recreation/ Jenkinson lake is 4 miles away & bring in the tourists. Located between Sacramento & Lake Tahoe. There are numerous housing subdivisions & Mobile home parks in this friendly mountain community. Bring your business and watch it grow!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,042 SF
Building Class
C
Year Built
1999
Price
$377,700
Price Per SF
$93.44
Cap Rate
6.20%
NOI
$23,417
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.20 AC
Zoning
C - Commercial
Parking
6 Spaces (1.48 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 101-262-059-000 | Improvements Assessment | $258,500 |
| Land Assessment | $49,500 | Total Assessment | $308,000 |
Property Taxes
Parcel Number
101-262-059-000
Land Assessment
$49,500
Improvements Assessment
$258,500
Total Assessment
$308,000
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6395 Pony Express Trl