Team X Treme | 323-327 W Canal Dr
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Team X Treme 323-327 W Canal Dr
10,154 SF 100% Leased Retail Building Turlock, CA 95380 $889,000 ($88/SF)
Investment Highlights
- One of the Iconic building in Turlock.
Executive Summary
Conveniently located across from Turlock Town Center, this commercial property offers excellent potential for both owner use or as an investment opportunity. The building can be divided into three separate spaces for lease, two of which include workshops with roll-up doors. It features multiple offices and three bathrooms, two of which are ADA-compliant.
For the past 25 years, the property has been fully leased, with both tenants currently on month-to-month agreements. The building is currently divided into two units: one is occupied by Kickhouse, which rents 51% of the space for $2,950 per month, and the other by a church, which rents for $2,750 per month. Both rental rates are significantly below market value due to long-term tenant relationships with the Seller.
This property offers substantial upside potential, whether by increasing rents or reconfiguring the space for additional tenants.
For the past 25 years, the property has been fully leased, with both tenants currently on month-to-month agreements. The building is currently divided into two units: one is occupied by Kickhouse, which rents 51% of the space for $2,950 per month, and the other by a church, which rents for $2,750 per month. Both rental rates are significantly below market value due to long-term tenant relationships with the Seller.
This property offers substantial upside potential, whether by increasing rents or reconfiguring the space for additional tenants.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
10,154 SF
Building Class
C
Year Built
1978
Price
$889,000
Price Per SF
$88
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.46 AC
Zoning
C-H, Turlock - CH zoning, or Highway Commercial zoning, is a restricted zone that allows vehicular-oriented uses and sales along highway frontages, retail,services.
Parking
8 Spaces (0.84 Spaces per 1,000 SF Leased)
Frontage
200 FT on W Canal
Walk Score ®
Very Walkable (79)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 042-08-19 | Improvements Assessment | $304,841 |
| Land Assessment | $115,628 | Total Assessment | $420,469 |
PROPERTY TAXES
Parcel Number
042-08-19
Land Assessment
$115,628
Improvements Assessment
$304,841
Total Assessment
$420,469
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Team X Treme | 323-327 W Canal Dr
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