1225 Giuntoli Lane

Description:

Exceptional investment opportunity and a strong candidate for a 1031 exchange in the hard-to-enter Arcata commercial market! This income-producing property is anchored by NAPA Auto Parts, a proven business with decades of success. A new seven-year lease features scheduled rent increases and two five-year renewal options. A coffee shop and burrito truck provide additional income on month-to-month agreements, bringing total current base rent to $144,300 annually. Neighboring businesses include Tractor Supply, Dutch Bros, and a shopping center featuring numerous national tenants, including McDonald's. NAPA occupies 8,500 sg ft and reimburses the majority of property taxes and insurance, along with specified common-area expenses. An opportunity for an established commercial investment.

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Listing ID: 8a449f83-8247-4a2c-a031-3b87e48693f2