Each office is independently owned and operated.

3626 Geary Blvd. Suite 208, San Francisco, CA 94118
(415) 750-0570 / (415) 750-0576
999 Dsdsd Ave. 7564, Los Angeles, CA 95129
(888) 666-8989 / (889) 569-5842

1617 N Broadway Santa Maria,CA 93454

  • $3,750,000

  • n/a

    Bed
  • n/a

    Bath
  • 19,099

    Sqft
  • 93,654

    Sqft Lot
  • 1969

    built

Property Description

((nnn! cap 6.9+! 100% leased thru 2024)) . rare opportunity for investors to acquire a high yield coastal california investment. the property features an approximate 19,099 square foot commercial building (plus an additional approx. 422 square foot grandfathered mezzanine) on a 2.15 acre land parcel with 125 plus parking spaces. property is located on a busy corner at a signalized intersection. minimal management required - building is fully leased until 8/31/2024 with 3% annual rent increases to two seasoned tenants with strong, stable income streams and nnn lease structures. the tenants invested a substantial sum of money into their tenant improvements and have a successful operating history at the building.

Facts

Property Type
Commercial
Bedroom(s)
n/a
Bathroom(s)
n/a
Size
19,099 sqft. (0.03 acres)
Lot Size
93,654 sqft. (0.03 acres)
Year Built
1969
List Updated
6/22/2018 7:13:49 PM

1617 N Broadway Santa Maria, CA 93454

Listing provided by

Listing Broker
Bailey Properties
Listing Agent
Karla Stevens Mainis
DRE# 01431766
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©2014 Bay East. ©2014 CCAR. ©2014 EBRD. All rights reserved. Information deemed reliable but not guaranteed. This information is provided from three separate sources: Bay East, CCAR and EBRD. The listings presented here may or may not be listed by the Broker/Agent operating this website. Information last updated on 6/23/2018 and 04:00 AM.

Ok Hui Kim

  • Cell: 415-225-0716

    Fax : 415-750-0576

    Office:

    San Jose, CA

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