1200 Main St - Freestanding FOR SALE


Bishop, CA 93514
$6,490,000 USD
831-685-9300
1200 Main St, Bishop, CA for Sale
$6,490,000 USD
Freestanding - FOR SALE
1/4
null | 12.01% Cap Rate

1200 Main St
Bishop, CA 93514


HIGHLIGHTS

  • NNN Lease | No Landlord Obligations
  • Dark Free Standing Building
  • High Volume Traffic Area
  • Excellent Location | Highly visible and easily accessible
  • Tremendous Retail Redevelopment Opportunity
  • Retail Competitors are 2+ hours away

OVERVIEW

Tremendous Retail Redevelopment Opportunity: The subject property is a 105,306 square foot, single tenant Kmart in Bishop, CA, approximately 1 hour outside of Yosemite National Park. The tenant is subject to an absolute NNN lease. The lease calls for zero landlord obligations and the tenant has an additional nine, 5 year options to renew. This dark freestanding building is situated in the primary retail shopping area for Bishop. Neighboring retailers include Vons, Smart & Final, Denny’s, Starbucks, and many others. This location also benefits from its position on a heavily trafficked thoroughfare.

FOR SALE DETAILS

PRICE

$6,490,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

12.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kmart - Bishop Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

374

LAND DETAILS

CROSS STREETS

Main St. & Yaney St.

LAND ACRES

6.5 AC

LAND SF

283,140 SF

ZONING

-

APN/PARCEL ID

008-360-10

ASK ABOUT THIS PROPERTY

Anna SurberSAR EnterprisesMore Info
831-685-9300

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Anna SurberSAR EnterprisesMore Info
831-685-9300

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