14635-14685 Mono Way | Sonora, CA 95370
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14635-14685 Mono Way
Sonora, CA 95370
Retail Property For Sale
Investment Highlights
- PRIME RETAIL DESTINATION - Sonora serves as the the primary retail and shopping center hub for a 30-miile trade radius.
- AMPLE PARKING - Features over 80 parking spots, accommodating a high volume of visitors.
- DIVERSE & STRONG CO-TENANCY -Includes prominent co-tenants such as Bank of America, U-Haul, Enterprise, McDonald’s, AM PM, and Tractor Supply.
Executive Summary
The Mono Village Shopping Center at 1476 Mono Way in Sonora, CA, is a well-established retail hub in East Sonora with high visibility and traffic, strategically located near Highway 108. The center offers a variety of retail spaces, ranging from 500 to over 10,000 square feet, accommodating both small and large businesses. Recent revitalizations have attracted notable tenants like Nate’s Saw & Mower, Liquor Junction, Fur Sure Dog Groomers, and Gold Country Games, enhancing its appeal to tenants and investors.
Mono Village hosts well-known tenants, including Napa Auto Parts, contributing to steady foot traffic. The property, designed for retail and office use, is over 90% occupied, with most leases being triple-net and below market rates, offering a strong cash-flowing opportunity with
significant upside potential. The location’s proximity to major highways and local amenities makes it a key retail destination, poised to benefit from Sonora’s growth and increasing demand for retail space, ensuring it remains a prime investment in the foothills of Sonora, California.
Mono Village hosts well-known tenants, including Napa Auto Parts, contributing to steady foot traffic. The property, designed for retail and office use, is over 90% occupied, with most leases being triple-net and below market rates, offering a strong cash-flowing opportunity with
significant upside potential. The location’s proximity to major highways and local amenities makes it a key retail destination, poised to benefit from Sonora’s growth and increasing demand for retail space, ensuring it remains a prime investment in the foothills of Sonora, California.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
58,670 SF
Building Class
C
Year Built
1985
Price
$6,100,000
Price Per SF
$104
Cap Rate
7.50%
NOI
$457,500
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
5.50 AC
Zoning
C-1:MX
PROPERTY TAXES
Parcel Number | 061-120-031-000 | Improvements Assessment | $1,275,000 |
Land Assessment | $484,500 | Total Assessment | $1,759,500 |
PROPERTY TAXES
Parcel Number
061-120-031-000
Land Assessment
$484,500
Improvements Assessment
$1,275,000
Total Assessment
$1,759,500
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