1600 Starr Dr 7,200 SF Vacant Office Building Yuba City, CA 95993 $1,500,000 ($208.33/SF) 5.64% Cap Rate
INVESTMENT HIGHLIGHTS
- Very busy street and highway 20
- Open floor plans, City offices near by
- Newly Renovated! Nicer part of Yuba City.
EXECUTIVE SUMMARY
Newly renovated property from the ground up. $700K spent on updating the Property.
Property Type: Mixed Use
Lease Type: Gross
Lease Terms: 2-5 Year Leases
Square Footage: 7,200
Price/Sq Ft: $208
Cap Rate: 5.6%
Occupancy: 100%
NOI: $84,540
Please call 530-301-7400 for more info!
Property Type: Mixed Use
Lease Type: Gross
Lease Terms: 2-5 Year Leases
Square Footage: 7,200
Price/Sq Ft: $208
Cap Rate: 5.6%
Occupancy: 100%
NOI: $84,540
Please call 530-301-7400 for more info!
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$96,060
|
$13.34
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$96,060
|
$13.34
|
| Taxes |
$4,500
|
$0.63
|
| Operating Expenses |
$7,020
|
$0.98
|
| Total Expenses |
$11,520
|
$1.60
|
| Net Operating Income |
$84,540
|
$11.74
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
7,200 SF
Building Class
B
Year Built/Renovated
1980/2022
Price
$1,500,000
Price Per SF
$208.33
Cap Rate
5.64%
NOI
$84,540
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,200 SF
Building FAR
0.47
Lot Size
0.35 AC
Zoning
M2
Parking
12 Spaces (1.67 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- California Native Studio
- -
- -
- -
- -
- Rocco Redevelopment Inc
- Manufacturing
- -
- -
- -
- Skin in the City
- -
- -
- -
- -
- Stabler Lane Offices & Mini
- -
- -
- -
- -
- The Barber Republic
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| California Native Studio | - | - | - | - | ||
| Rocco Redevelopment Inc | Manufacturing | - | - | - | ||
| Skin in the City | - | - | - | - | ||
| Stabler Lane Offices & Mini | - | - | - | - | ||
| The Barber Republic | - | - | - | - |
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $619,505 (2023) | |
| Land Assessment | $362,960 (2023) | Annual Taxes | $4,500 ($0.63/SF) |
| Improvements Assessment | $256,545 (2023) | Tax Year | 2022 |
CONTACT
-
JT Thiara - JT Thiara
