For Sale: Guitar Center.For more information please contact the listing agent, Simon 310 363 4809 simon.mattox@cbre.com

Posted: 03/16/2020 6:40 pm | On HOMEiZ: 1505 days | Updated: 4 years ago | Views: 736

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$2640000

Last Sold Price

$2640000

Last Sold Date

03/03/2020

Total Lot Size

45,302.00 Sq. Ft.

Asking Price per Sq. Ft.

$264

Total Building Size Sq. Ft.

10009

Commission Split %

Contact listing agent%

Cap Rate %

Gross Annual Income

Net Operating Income

$211200

Gross Rent Multiplier

0.00

Operating Expenses

Annual Property Tax Rate for this property

0.795%

Property tax total amount

$20988

Property Location & Description

Listing Headline

For Sale: Guitar Center.For more information please contact the listing agent, Simon 310 363 4809 simon.mattox@cbre.com

Property Description

The subject property has operated as Guitar Center since its original construction in 2006.

Location Description

For the surrounding community of Visalia, CA 93277, the nearby schools are very good and include Cottonwood Creek Elementary, Divisadero Middle and Mt Whitney High. The overall crime risk for this area is slightly high with 5 criminal and sex offenders residing within 1 mile. The natural disaster risk for this area includes medium earthquake risk, very low tornado risk, and moderate to low flood risk.

APN / Parcel ID

126-730-022-000

Zoning

Occupancy %

100%

Construction Type

Brick Building

No. Stories

Year Built

2006

Overall Property Condition

Good

Highlights

NNN Lease Structure with limited Landlord Responsibility, perfect for passive investors looking to “collect coupons”.

Guitar Center is located within Packwood Creek East Shopping Center, one of Visalia’s largest and most prominent Power Centers.

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

Assigned Parking

Investment Overview

Type of use

Investor

Neighborhood lifestyle

Lifestyle

Urban Core

More information

MLS URL of this listing to link to your own site or brokerage site

Not in MLS

Listing Info

Listing ID: 2191

Sold

For Sale

$2,640,000

Listing Presented by

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4254 South Mooney Boulevard . Visalia , CA 93277