AGENTS
Property Description
No hassle Investment property. Prime San Clemente Retail, in redevelopment area. Pure NNN lease 2.5 years remaining with (one) 5 year option to extend. Current rent will increase 09/01/05 to CPI or 150.00 per month, whichever is greater. Would bring GSI/NOI to $56,112 yielding a 5.10% cap rate. Subject to cancellation of current escrow.. Location:Retail Frontage.
PROPERTY DETAILS
- Property Type
- Commercial / Office
- Year Built
- 1960
- MLS/Listing ID
- CC198777
- Days On Market
- 6,654
Listing Courtesy of Douglas Elliman
NEARBY LISTINGS
1214 Avenida De La Estrella
San Clemente
$870,000
3beds2baths
Listing Courtesy of Douglas Elliman
1214 Avenida De La Estrella
San Clemente
$580,000
3beds2baths
Listing Courtesy of THE NORRIS GROUP
110 Avenida Caballeros
San Clemente
$885,000
3beds3baths
Listing Courtesy of Surterre Properties