1275 E F St 41,244 SF 100% Leased Retail Building Oakdale, CA 95361 $5,825,000 ($141.23/SF) 7.50% Cap Rate
EXECUTIVE SUMMARY
Live Oak Plaza is an attractive strip center that contains 38,569 SF of rentable space. The Center was built in 1974 and renovated in 2008 and is home to a diverse mix of retail tenants which include a Health Club, a Latin American restaurant, and a Liquor Store.
The 1,083 SF vacancy is a retail space and the 2,707 SF vacancy is a former Keller Williams Real estate Office. Also, there is a vacant drive-thru kiosk there (condition unknown) that was leased at one time for $500/month plus some CAM charges.
E. F Street in Oakdale is a major commercial boulevard that is also designated as part of Highways 108 and 120 which lead to the foothills and the Sierras. There are two neighborhood centers nearby, one anchored by Raley's, and the other by SaveMart. IT sits adjacent
to a local car dealer, Steve's Chevrolet.
The 1,083 SF vacancy is a retail space and the 2,707 SF vacancy is a former Keller Williams Real estate Office. Also, there is a vacant drive-thru kiosk there (condition unknown) that was leased at one time for $500/month plus some CAM charges.
E. F Street in Oakdale is a major commercial boulevard that is also designated as part of Highways 108 and 120 which lead to the foothills and the Sierras. There are two neighborhood centers nearby, one anchored by Raley's, and the other by SaveMart. IT sits adjacent
to a local car dealer, Steve's Chevrolet.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
41,244 SF
Building Class
C
Year Built/Renovated
1974/2008
Price
$5,825,000
Price Per SF
$141.23
Cap Rate
7.50%
NOI
$436,840
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
2.80 AC
Zoning
C-1, Oakdale
Parking
150 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 064-43-14 | Improvements Assessment | $5,672,411 |
| Land Assessment | $1,020,698 | Total Assessment | $6,693,109 |
