Pico Pavilion Suites L - O | 415 E Avenida Pico
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Pico Pavilion Suites L - O 415 E Avenida Pico
34,856 SF 85% Leased Retail Building San Clemente, CA 92672 $18,995,000 ($545/SF) 5.87% Cap Rate
Executive Summary
Super prime investment property that has not been on the market in the past 20 + years. Excellent credit Tenants including Pick up Stix, Subway, Super Cuts, H&R Block, Dollar Tree, Pet's Plus, and California Bank & Trust.
Property Facts
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Retail
Building Size
34,856 SF
Building Class
B
Year Built
1999
Price
$18,995,000
Price Per SF
$545
Cap Rate
5.87%
NOI
$1,114,604
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
2.70 AC
Zoning
SP - Specific Plan
Parking
26 Spaces (0.75 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
GRANC1, PDEC1, HITA1
- N-2
- 670 SF
- Retail
- -
- Now
Space | Size | Space Use | Position | Available |
1st Floor | 2,581 SF | Retail | - | Now |
N-2 | 670 SF | Retail | - | Now |
1st Floor
Size |
2,581 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
N-2
Size |
670 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
1st Floor
Size | 2,581 SF |
Space Use | Retail |
Position | - |
Available | Now |
GRANC1, PDEC1, HITA1
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 057-015-26 | Improvements Assessment | $5,856,108 |
Land Assessment | $6,328,796 | Total Assessment | $12,184,904 |
PROPERTY TAXES
Parcel Number
057-015-26
Land Assessment
$6,328,796
Improvements Assessment
$5,856,108
Total Assessment
$12,184,904
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Pico Pavilion Suites L - O | 415 E Avenida Pico
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