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Available For Sale - Retail

15,000 SF | Show Pricing $

AVAILABILITY DETAILS

Size
15,000 SF
Price/SF
Show Pricing $
Listing ID
SA380885
Notes
Remodeled high exposure ±15,000 SF freestanding office/retail building off the corner in the downtown heart of Sanger. Building offers (2) ±7,500 SF separately metered spaced rented month-to-month. The east side is a wide open clothing store with a large rear warehouse in the rear for storage of inventory. The west side is setup as a full service nail and hair salon with various hair/nail stations, wash stations, 2 offices for tanning rooms, small break room, and a large rear storage. There is also bonus upstairs offices. Tenants have made significant interior improvements on their own dime. The exterior is solid brick construction, and features a brand new roof. Vehicle access with parking in the front and rear in a very walk-able area (dense downtown location). Located in downtown Sanger in front of the "Main and Main" where events and the Christmas Tree is located annually. The visibility offers a tremendous draw of traffic from the nearby retailers and neighborhoods on top of the ±14,301 cars/day. Seller carry also available.



Current income is $2,300/month from the Thrift Store for 7,500 SF ($0.30/SF/month), $1,350/month from the Salon for a 4,000 SF showroom ($0.34/SF/month), and zero rent from the merchandise furniture tenant who stores inventory in the 3,500 SF rear storage space behind the Salon. Market lease values of at least $0.45/SF/month for the Thrift store of 7,500 SF, $0.60/SF/month for the turn-key Salon of 4,000 SF, and $0.15/SF/month for the rear storage of 3,500 SF.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Jared Ennis, Central CA Commercial
BRE# 01945284