Willows DMV

815 N. Humboldt Ave, Willows, CA

$1,595,000

Price

5.72%

Cap Rate

3,871 sqft

Building Size

Gallery
Street
Map
Overview
Cap Rate
5.72%
Building Size
3,871 sqft
Lot Area
0.75 acres
Year Built
2002
Zoning
CG
MlsNumber
23-2860
Parking Spots
20
Year Last Renovated
2020
Description

Solid Investment Opportunity - the only DMV office in Glenn County. Building is in excellent condition and a major remodel was done at their last lease renewal. The Tenant has every reason to stay in this location long term as it's located right off I-5 and the closest DMV is in Chico. Minimal management involved with tenant reimbursing for most repair expenses. Scheduled GOI of $134,000 with 5% increases every 2 years.

Highlights
  • Age: 21-30 Years Old
  • Lot Size: 1/2 - 1 Acre
  • Sewer: City
  • Water: City Water
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Listing ID: 96bcaa27-df94-4564-bce1-65cc11ee6ea6
Location
Gallery