12233-12247 Woodside Ave
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12233-12247 Woodside Ave
9,600 SF 100% Leased Retail Building Lakeside, CA 92040 $2,550,000 ($266/SF) 5.70% Cap Rate
Investment Highlights
- Pylon Signage
- Recent Improvements
- Heavy Vehicle Traffic
Executive Summary
- 5,600 SF of multi-tenant retail and one (1) metal free-span automotive/industrial building (4,000 SF)
- Well positioned on Woodside Ave one of the busiest commercial district in Lakeside mere minutes From Downtown Lakeside
- Large ~0.81 acre lot (35,284 sf)
- New TPO Roof on Retail Building in 2020 with Ten (10) Year Manufacturer’s Warranty.
- Clean Phase 1 Report
- Recently Restriped and Resealed parking lot
- Auto Body Repair Business with Fenced Storage Yard Area with Two (2) Gates for Drive Around Access.
- 7 units with diversified mix of Retail Tenants (Little Miss Brewing 9 locations in San Diego, barber shop, massage spa)
- Tenants pending for 100% occupancy
- Well positioned on Woodside Ave one of the busiest commercial district in Lakeside mere minutes From Downtown Lakeside
- Large ~0.81 acre lot (35,284 sf)
- New TPO Roof on Retail Building in 2020 with Ten (10) Year Manufacturer’s Warranty.
- Clean Phase 1 Report
- Recently Restriped and Resealed parking lot
- Auto Body Repair Business with Fenced Storage Yard Area with Two (2) Gates for Drive Around Access.
- 7 units with diversified mix of Retail Tenants (Little Miss Brewing 9 locations in San Diego, barber shop, massage spa)
- Tenants pending for 100% occupancy
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,600 SF
Building Class
C
Year Built
1968
Price
$2,550,000
Price Per SF
$266
Cap Rate
5.70%
NOI
$145,350
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.81 AC
Zoning
C36
Parking
43 Spaces (4.48 Spaces per 1,000 SF Leased)
Frontage
175 FT on Woodside
Amenities
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 394-510-04 | Improvements Assessment | $267,371 |
| Land Assessment | $435,081 | Total Assessment | $702,452 |
PROPERTY TAXES
Parcel Number
394-510-04
Land Assessment
$435,081
Improvements Assessment
$267,371
Total Assessment
$702,452
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12233-12247 Woodside Ave
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