451-465 Canyon del Rey Blvd - Retail FOR SALE


Del Rey Oaks, CA 93940
$8,565,000 USD
415-515-0181
451-465 Canyon del Rey Blvd, Del Rey Oaks, CA for Sale
$8,565,000 USD
Retail - FOR SALE
1/12
null | 6.25% Cap Rate

451-465 Canyon del Rey Blvd
Del Rey Oaks, CA 93940


HIGHLIGHTS

  • 100% leased regional center situated in one of California’s most affluent regions, with average household incomes of ~$102,500 within a 10-mile radius
  • Adjacent to Tarpy’s Restaurant, one of Monterey County’s highest-grossing restaurants
  • Nationally recognized tenants such as Starbucks, Subway, and 7-Eleven, have all reported strong sales performance following their tenancy in the trade
  • Exceptional opportunity for investors to benefit from both real estate appreciation and scheduled rent escalations

OVERVIEW

Stone Creek Village is a fully leased, highly attractive retail center positioned directly along three major highways with daily visibility to over 34,000 vehicles. Adjacent to Tarpy's Roadhouse Restaurant, one of Monterey County's highest-grossing restaurants. Nationally recognized tenants such as Starbucks, Subway, and 7-Eleven have all reported strong sales performance following their tenancy in the trade area.

FOR SALE DETAILS

PRICE

$8,565,000 USD

PRICE/SF

$429 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stone Creek Village

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

177

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

C-1-V

APN/PARCEL ID

012-601-031-000

ASK ABOUT THIS PROPERTY

Rachel KramCP Partners CREMore Info
415-515-0181

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Rachel KramCP Partners CREMore Info
415-515-0181

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