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$2,900,000
Est. payment /mo
12,000 SqFt
UPDATED:
09/30/2024 07:23 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $241
MLS Listing ID 619233
Construction Status Under Construction
Lot Size 1.000 Acres
Property Description
Investment Opportunity at Norman Rolfe Business Park:664 Railroad Avenue, Atwater, CADiscover a prime investment opportunity with this exceptional (+/-) 12,000 sqft building situated on a (+/-) 1-acre lot. Featuring a robust 3.73% CAP rate, this property comes with a nationally recognized tenant secured under a 10-year lease, plus a 10-year option, providing reliable and consistent cash flow.Scheduled for completion in 2025/2026, this building offers outstanding visibility from HWY 99, ensuring high traffic and maximum exposure for your investment.Elevate your portfolio with this strategic asset at Norman Rolfe Business Park. See attached flyer for more details.Rendering is for illustrative purposes only; final building design may vary.
Location
State CA
County Merced
Area 301
Zoning BP
Interior
Heating Office A/C
Cooling Office A/C
Exterior
Parking Features Assigned
Roof Type Metal,Flat
Building
Sewer City Water, City Sewer
Water City Water, City Sewer
Construction Status Under Construction
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Listed by Vito Cuttone • Cuttone Real Estate Group
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130