Current Price:$1,040,000 List Date:8/10/2020Last Modified:8/31/2024
Description
High exposure fully leased retail/industrial property on Cascade Blvd fronting Interstate 5 with approximately 72,000+ cars per day. Current tenant GBK Corporation dba Ace Hardware has below market lease in place until September 30th, 2021 for 11,000 square feet and shop tenant is month-to-month for 1,800 square feet. Low maintenance 12,800 total square feet steel metal-frame building with metal siding and metal roof. Interior has polished concrete floors, exposed ceilings and HVAC ducting, 17ft and 12ft ceiling clear heights, 4 roll-up doors (10x12 and 16x12), HVAC throughout (as well as evaporative coolers), approximately 20ft lighted monument sign, and plenty of parking. Property also includes additional 0.29 acre corner parcel next to the building to the north.
Supplements: Please do not disturb the tenants, contact broker with all questions.
Current Price: $1,040,000Type: CArea: 31 - Shasta Lake CityList Price: 1150000Parcel Number: 075-140-044, 075-130-013Sq Ft - Building: 12800GP Zone: RED GC - General CommercialZoning: RED - C-2 - Central Commericial DistrictYear Built Desc: 01-05 Years
Remarks
Public Remarks: High exposure fully leased retail/industrial property on Cascade Blvd fronting Interstate 5 with approximately 72,000+ cars per day. Current tenant GBK Corporation dba Ace Hardware has below market lease in place until September 30th, 2021 for 11,000 square feet and shop tenant is month-to-month for 1,800 square feet. Low maintenance 12,800 total square feet steel metal-frame building with metal siding and metal roof. Interior has polished concrete floors, exposed ceilings and HVAC ducting, 17ft and 12ft ceiling clear heights, 4 roll-up doors (10x12 and 16x12), HVAC throughout (as well as evaporative coolers), approximately 20ft lighted monument sign, and plenty of parking. Property also includes additional 0.29 acre corner parcel next to the building to the north.
Business Type: Industrial; Retail; WarehousePresent Use: Industrial; Retail; WarehouseParking: Common; Conforms to Zoning; Off StreetPhoto: Agent UploadPossession: Close of EscrowSelling Terms: Cash
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