6300-6320 Lincoln Ave
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6300-6320 Lincoln Ave
10,398 SF 80% Leased Retail Building Cypress, CA 90630 $3,589,900 ($345/SF)
Investment Highlights
- 5 and 91 freeways in close proximity
- Complete remodel of the property
Executive Summary
6306 Lincoln Ave. is a single-story commercial property located in the heart of Cypress and Border of Buena Park. The 5 and 91 freeways are just down the street as well as Cypress Community College which proves access to new clients and populated travel routes. To the West of the property is also a huge mixed new Resident Property, shopping center, gas stations and Hotels. Our property has gone through complete remodeled from AC/Roof, Landscaping, Parking and All HID Parking lot lights. Lincoln Plaza offers TONS of parking for customers as well as very well-maintained grounds. The Entrance/Signage faces west on Lincoln Ave with wonderful public exposure.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$232,268
|
$22.34
|
| Taxes |
$39,000
|
$3.75
|
| Operating Expenses |
$18,600
|
$1.79
|
| Total Expenses |
$57,600
|
$5.54
|
| Net Operating Income |
$174,668
|
$16.80
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $232,268 |
| Annual Per SF | $22.34 |
| Taxes | |
|---|---|
| Annual | $39,000 |
| Annual Per SF | $3.75 |
| Operating Expenses | |
|---|---|
| Annual | $18,600 |
| Annual Per SF | $1.79 |
| Total Expenses | |
|---|---|
| Annual | $57,600 |
| Annual Per SF | $5.54 |
| Net Operating Income | |
|---|---|
| Annual | $174,668 |
| Annual Per SF | $16.80 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,398 SF
Building Class
B
Year Built
1994
Price
$3,589,900
Price Per SF
$345
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Land Acres
0.56 AC
Zoning
PC, Cypress - Planned Commercial
Parking
40 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
128 FT on Lincoln Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 936-550-19 | Total Assessment | $482,490 |
| Land Assessment | $268,051 | Annual Taxes | $39,000 ($3.75/SF) |
| Improvements Assessment | $214,439 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
936-550-19
Land Assessment
$268,051
Improvements Assessment
$214,439
Total Assessment
$482,490
Annual Taxes
$39,000 ($3.75/SF)
Tax Year
2023
-
Tiffany Nguyen -
ADVANCE ESTATE REALTY
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6300-6320 Lincoln Ave
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