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