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Watt Strip Center

ID #:392831
5601 & 5605 Watt Avenue
North Highland, CA 95660 United States

Presented By:

Realty World Hirsch and Associates

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Property Details

Year Built: 1989
Lot Size: 51836
Type: Shopping Center
Parking Spaces: 77
Zoning: SPA
Building Sq Ft: 8,886
Available Sq Ft: 8,886
Total Stories: 1
Floor Location: 1

Description:

Excellent Investment Opportunity! Current CAP Rate 6.89%. Full potential at 12% CAP. This well maintained property consists of a multi-tenant free standing building. Excellent visibility and easily accessible. Watt Avenue is a main traffic corridor throughout the area and experiences a high volume traffic.

Located at the northwest corner of Watt Avenue and James Way. Near the McClellan business park with 150 Industrial buildings and weapons support facilities operated by the Department of Defense. Portion of the McClellan Business Park is used for private air traffic, such as FedEx and US Coast Guard. The area has experienced a renewed upswing due to the base.

 

Current Use:Retail
Building Type: Retail
Cap Rate: 6.89>

Features

Property Features:

  • Display Window
  • Ground Level Door
  • Public Sewer
  • Rear Access
  • Smoke Alarm
  • Sprinklers/Landscape
  • Fire Sprinklers
  • Forced Air
  • Individual Electric Meter
  • Individual Gas Meter
  • Individual Water Meter
  • Master Electric Meter
  • Master Gas Meter
  • Master Water Meter

Lot Features:

  • Retail Frontage
  • Shopping Center
  • Street Lights

Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in. All information is deemed reliable but its accuracy is not guaranteed and the viewer should independently verify all information.