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301 N Main St

9,600 SF Retail Building Blythe, CA 92225 $1,837,000 ($191/SF) 7.25% Cap Rate

Executive Summary

Property Features:
- Available For a Owner User or an Investor
- Owner Willing to Lease Back From Buyer for $11,100 + NNN / Month. If Lease Back is Not Desirable, Owner Will Move Out By Close of Escrow.
- 7.25% Cap Rate
- Opportunity & Hub Zoned
- 2,600 Sf Metal Shelving Mezzanine
- 1,500 Fenced and Covered Loading/Storage Area
- 12 ft x 12 ft Grade Level Door
- 17 ft Clear Height
- 28 Parking Spaces

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,600 SF
Building Class
C
Year Built
1990
Price
$1,837,000
Price Per SF
$191
Cap Rate
7.25%
NOI
$133,183
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
M2
Parking
38 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
208 FT on N Main Street

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • JME Investments LLC
  • Services
  • 9,500 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
JME Investments LLC Services 9,500 SF - -

Nearby Major Retailers

CrossFit
U.S. Bank
Starbucks
Grocery Outlet
Smart & Final
Sizzler
Storage Direct
Albertsons Bakery
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
845-040-012
Land Assessment
$61,351
Improvements Assessment
$189,636
Total Assessment
$250,987
  • Listing ID: 21780093

  • Date on Market: 12/16/2020

  • Last Updated:

  • Address: 301 N Main St, Blythe, CA 92225

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