Fully Leased Investment Opportunity in Downtown Reedley
Listing was updated at: 10/11/2018
Property
Overview
| Price/Rent PSF | $ 800,000.00 |
| Asset Type | Office |
| Trade Type | Sale |
| SQ. FT. Available | 9,596 |
| Date Available | 10/11/2018 |
| Additional URL | Link |
| Additional parameters | Show |
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Description
Location
This property is well located on the corner of 10th Street & G Street in downtown, Reedley, CA. It is situation north of 11th Street, east of H Street, south of 10th Street, and west of G Street.
Sale
±9,596 SF freestanding retail/office building consisting of four, long term tenants all with great, upside potential. Currently 100% occupied: value-add investment by securing current tenants on leases or an Owner/User who can utilize a portion of the building and benefit from the built in passive income. Features a functional floor plan that each tenant has made substantial tenant improvements to. Great upside potential. Suite #1101 has a long-term quality tenant in place DBA Marjaree Mason Center. Suite #1001 of ±1,460 SF is leased MTM by Stephen L German Accountancy and Suite #1708 of ±3,400 SF is leased MTM by Guarantee Residential Real Estate. This building is well maintained and as an excellent downtown presence. Possible SBA Loan Candidate!
Location