1626-1628 Broadway - Freestanding FOR SALE


Eureka, CA 95501
$2,750,000 USD
707-442-2222
1626-1628 Broadway, Eureka, CA for Sale
$2,750,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

1626-1628 Broadway
Eureka, CA 95501


OVERVIEW

Prime Investment Opportunity in Eureka, CA! This dual-property gem on 1626 and 1628 Broadway, also known as Highway 101, boasts a lucrative lineup. Bevmo, our anchor tenant with a decade-long presence, just committed to another 5 years. The second tenant, a thriving Humboldt business, also inked a solid 5-year lease. Both leases are NNN, leaving the landlord responsible only for the roof. With annual rents exceeding $130,000 and built-in escalations, this investment promises a robust return. Surround yourself with established neighbors like O'Reilly, Eureka Natural Foods, Costco, Walgreens, US Cellular, and more. Seize the chance for passive income in this highly sought-after Eureka location!

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,488 SF

ZONING

commercial

APN/PARCEL ID

003-171-014-000

ASK ABOUT THIS PROPERTY

J.B. MathersColdwell Banker Commercial Pacific PartnersMore Info
707-442-2222

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J.B. MathersColdwell Banker Commercial Pacific PartnersMore Info
707-442-2222

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