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Home For Sale California Benicia 4696
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Mixed Use For Sale By Owner

Benicia, CA Excellence!




390 MILITARY EAST, Benicia, California 94510 United States
Description

Stand alone building with 6000sf, lot size 11,250sf. Newly surfaced wrap around parking lot, new roof. Tenancy rate 100% with 3 established tenants
- Dance Studio since 1999, 4860sf, $7200/mo. Lease to July 2018 with 30 day termination option beg. Nov. 30, 2017.
- Barber Shop, since 2013, 800sf, $900/mo. Lease to July 2019 with current 30 day termination option.
- Office since 2004, 135sf, $240/mo, mo-mo lease.
Tenants pay own utilities. All tenants may be converted to triple net upon exercising of 30 day termination option.

Location Description: Outstanding location and great visibility located on one of Benicia's busiest streets at the corner of Military and East 4th Street. Easy access from I-780.

Business included in Sale? No

Debt Information: Proposed

Loan Amount: $1

Interest Rate: 7 %

Amortized: 20 Years

Due In: 20 Years

Price: $1,600,000
Property Sub-Type: Mixed Use
Total Building Size: 6000 SF
Year Built : 1930
No of Stories: 1
No of Parking Stalls: 100
Occupancy: 100 %
Listing ID: 4696
Attachments

Map of: 390 MILITARY EAST, Benicia, California 94510 United States

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