Remarks

Excellent Owner User Opportunity with SBA Financing This multi-unit Auto Related asset is located in a cul de sac of other Auto Related businesses. An excellent destination for these businesses to thrive together. The property is recently lender owned providing opportunity with the motivated list price. The spaces B'' and C'' are expected to be delivered vacant at the close of escrow, with counsel currently addressing the matter. These vacancies will allow an Owner User occupancy of more than 50% of the building to allow for attractive SBA financing, or Market Level rents for the Savvy Investor. Walking Distance to BART station makes this location a big winner. Month to Month / near end term tenancies on other spaces provides flexibility. Financials are based on Pro Forma Rents with 25% expense ratio. Buyer to satisfy themselves with accuracy of potential income and expenses.

Details

MLS#: 425048072
Price: $1,549,000

Style: Retail
Baths Full: 0
Three Quarter Baths: 0
Baths Half: 0
Sq Ft: 7350
Year Built: 1974

County: Contra Costa