1012-1040 Kern St - Storefront FOR SALE


Taft, CA 93268
$4,664,000 USD
415-269-8969
1012-1040 Kern St, Taft, CA for Sale
$4,664,000 USD
Storefront - FOR SALE
1/14
null | 7.49% Cap Rate

1012-1040 Kern St
Taft, CA 93268


HIGHLIGHTS

  • Diverse Tenant Mix with Long-Term Commitments & New 2024 Leases
  • High-Visibility Retail at an Attractive Price Point
  • Market-Dominant, Grocery-Anchored Center
  • Recent Operational Enhancements Driving Value
  • Active Leasing Momentum & Upside Potential
  • Strategic Location with Strong Economic Drivers

OVERVIEW

Shops within thriving grocery anchored center (newly extended Albertsons). New ownership, great mix of new leases & lease extensions on tenants with decades of successful operation at the center.

FOR SALE DETAILS

PRICE

$4,664,000 USD

PRICE/SF

$481 USD /SF

CAP RATE

7.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taft Hills Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

GC

APN/PARCEL ID

032-520-18-00-7

ASK ABOUT THIS PROPERTY

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.