Standalone Building with Drive-thru and Parking
$695,000
2245 North Street, Anderson, CA 96007
11,188 sqft
Building Size
1.65 acres
Lot Area
Details:
Highlights:
- Standalone building with multi-lane drive-thru
- Over parked with just under 70 parking spots
- Priced for sale well below market at just $65/sf
- Just under a 8.3% cap rate at below market rents
Description:
Almost 8.3% cap rate at below market rents! Former Bank of America building available for sale or lease on busy North Street in Anderson, CA. This 11,188 square foot standalone building has approximately 9,000 on the first floor and an additional 2,188 square feet available on the 2nd floor. The property includes an expansive parking lot and existing multi-lane drive-thru. Priced to sell at just $62/sf, or lease it for just $0.65/sf modified gross, that's less than industrial space! With asking rent, list price comes in just under 8.3% cap rate.
I-5 Exit on North Street heading West. Property will be on the left hand side just before the intersection of North Street and Martha Street
1 Space Available
Entire Building Unknown Sub Type
Documents:
| Title | ||
|---|---|---|
| Sale___Lease_Brochure_2024.pdf |
Location
Gallery
