425 Cochran St - Supermarket FOR SALE


Simi Valley, CA 93065
$8,522,000 USD
415-378-9859
425 Cochran St, Simi Valley, CA for Sale
$8,522,000 USD
Supermarket - FOR SALE
1/4
null | 6.25% Cap Rate

425 Cochran St
Simi Valley, CA 93065


HIGHLIGHTS

  • Fully leased to ALDI on a NNN lease at Below Market Rent
  • Densely populated trade area with low retail vacancy (under 8%)
  • Located in Simi at the Plaza, a dominant regional power center
  • Immediately adjacent to CA Highway 118 (over 110,000 cars per day)
  • Well maintained property with a new roof installed by tenant in 2015
  • Prominent signage

FOR SALE DETAILS

PRICE

$8,522,000 USD

PRICE/SF

$329 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN ALDI in Simi Valley

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

-

APN/PARCEL ID

615-0-180-355

ASK ABOUT THIS PROPERTY

Andrew ReederSpruce CRE Advisors, Inc.More Info
415-378-9859

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Andrew ReederSpruce CRE Advisors, Inc.More Info
415-378-9859

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