Single-tenant NN leased freestanding retail investment building with long term tenant DBA "Something Special" on a 5-year lease with $50 annual rent increases. The lease rate is very conservative at only $0.94/SF/month, making this a very profitable location. High exposure ±2,500 SF retail building offering ample paved parking on ±0.65 acres in Oakhurst, CA. The property offers an open layout consisting of a large open retail area with rear private offices/restrooms. The property has been well maintained and has a Phoenix coating on the roof, all A/C's are in great condition and have been serviced every 6 months. Located directly behind McDonald's off of CA-41 which carries ±18,757 cars & CA-49 that carries ±12,644 per day. The visibility offers a tremendous draw of traffic from the neighboring schools and neighborhoods. The property provides opportunity with easy access to Freeway CA-41, while being located nearby several retail amenities (shopping and restaurants).
Tenants Business: Something Special has been open & operating for about 7 years. Something Special is a co-op of mountain artist & retailers. Featuring unique hand-crafted items, home decor, custom made jewelry, jewelry repair, one of a kind gifts & more. With an inventory that is constantly changing & expanding this shop will bring endless opportunities to nearby consumers.