Commercial property
Listing Agent: DANIEL CORCORAN (DRE #00451125) · Listing Office: Corcoran Group of California Inc. · Contact: dmcor@cgroupca.com · Bought with: Kevin Lee · Coldwell Banker Alliance · MLS #EV23119185 · Source: CRMLS
PRICE REDUCED $400,000. Winchell's Donuts on corner is occupied. Other 13 units are vacant. Strong signalized corner. Opportunity to remodel or develop site. CAP and NOI are at projected rents from $18/ sqft to $23 / sqft. Please see OM for table of CAP & NOI at different rent rates. Winchell's has approximately 13 years, including options, left on their lease.
Listing description from the April 2024 sale, as reported to CRMLS.