Overview

Description

±1,277 SF of retail space on the corner of 1st St & High St in Selma, CA. The former computer store at unit #2111 of ±1,277 SF consists of an open retail area with private restrooms & access to a fully lit private parking lot. The property offers high visibility and easy access with fully lit parking (15 spaces @ street), excellent existing corner signage, & easy access to CA-99 on/off ramps. The building is in close proximity to Freeway 99 and is just south of Whitson Ave which offers quick access to all of Selma & neighboring cities via CA-99, Golden State Blvd, & other major streets.

The property is located off 1st St in Selma, CA. The property is North of Arrants St, South of 1st St, West of High St, and East of McCall Ave. The community is located in the San Joaquin Valley between Fowler and Kingsburg. Surrounding tenants include Walmart, McDonalds, Starbucks, JCPenney, Rue 21, Boot Barn, Dollar Tree, Ross, AT&T, Jack in the Box, Denny's, Dominos, Rite Aid, Little Caesars, Union Bank, Bank of the Sierra, Java Express, Rodolfo's, Golden Dragon Restaurant, Cardtronics, and many others!

Highlights

• 10.01% Cap & 18.60% Cash-on-Cash Return After Stabilized
• Fully Leased Investment w/ Long-Term Tenancy
• Functional Retail Spaces | Easy To Rent Small Units
• Cash Cow w/ Potential Gross Rents of $110,547.60
• Investment Opportunity: (6) Retail Spaces
• Easy Access | Separate Suites | Multiple Configurations
• ±8,310 SF Total on ±0.475 Acre Lot
• Long-Term Tenants | Low Turnover | Low Maintenance
• Easy Access from Surrounding Major Corridors
• Excellent Existing Signage | Requires Little Management
• Easy Access to Highway 99 On/Off Ramps
• Well-Known Retail Strip Center @ Corner Location
• Well-Known Retail Strip Center @ Corner Location
• Ample Parking and Mature Landscaping

3 Spaces Available

Documents

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