18990 Coyote Valley Rd
Hidden Valley Lake, CA 95467

INVESTMENT HIGHLIGHTS - Approximately 30,813± rentable square feet in two buildings on approximately 2.88± Acres. - Two Buildings with 24 Units, each is an individual condo parcel + common area parcel - The Shopping Center is condominimized with 24 individual Condos - Many tenants at the center have been there for more than five years - One building with spaces fully built out and the other with a mix of built out and shell spaces (Approximately 960± - 8,459± sf of units in shell condition). - Ideal for an Owner/User to occupy up to 8,459± sf - Wood frame construction built in 2007 with exterior siding and composition roof - Existing 6.38% cap rate on actual income/expenses with a proforma cap rate of 8.46% (Not incl. improvement costs) - Neighborhood serving shopping center with regional and local tenants - Seller (bank) may consider financing at negotiable terms and conditions - Retail, fitness, medical/hospital, restaurant, professional services, personal services - Buildings have been well maintained by current owner - Bank owned property - Zoned C2 Community Commercial. Retail, restaurant, office uses allowed - The Subject is located on Coyote Valley Road, near the entrance to the Hidden Valley Lake development in Lake County California. Hidden Valley Lake is a self contained community built around a private lake and golf - course. The development is 4 miles northeast of the unincorporated town of Middletown and 10 miles south of Clearlake - Located in Hidden Valley Lake just North of Middletown on CA Highway 29 - Condo units 5-10 in project available in a separate sale offering. 8,399± sf leased investment for $2,544,000