501 6th St - Senior Housing FOR SALE


Taft, CA 93268
$250,000 USD
661-889-3201
501 6th St, Taft, CA for Sale
$250,000 USD
Senior Housing - FOR SALE
1/2
null | 7.11% Cap Rate

501 6th St
Taft, CA 93268


HIGHLIGHTS

  • Tenant: Adventist Health, Long Operating History (2008)
  • GC (General Commercial) Zoning, City of Taft
  • Tenant Exercised Option 1- New Expiration: April 30, 2026
  • +/- 1,660 Rentable Square Footage
  • 2 Gas Meters & 2 Electric Meters

OVERVIEW

Prime Retail Group is proud to have been exclusively chosen to present the opportunity acquire a Commercial investment building in the City of Taft, CA currently occupied by Adventist Health, who have been operating from this location since the year 2008. The building is 2-blocks from Taft's retail corridor (Kern St/CA-33) on the corner of 6th st & Lucard St. There are two (2) contiguous units with independent addresses and independent gas & electricity meters (501 & 503 6th St) but Adventist Health occupies both units with a total rentable square footage of 1,660 SF zoned General Commercial (GC) within Taft city limits. This asset demonstrates a great passive investment for an investor looking for a steady cash-on-cash return that's priced aggressively at $150/psf. ** OPTION 1 EXERCISED- NEW EXPIRATION: APRIL 30, 2026 **

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

7.11%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

501 6th St, Taft, CA 93268 (Adventist Health)

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Senior Housing

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

GC

APN/PARCEL ID

031-260-12-00-7

ASK ABOUT THIS PROPERTY

Felix DiazPrime Retail GroupMore Info
661-889-3201

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Felix DiazPrime Retail GroupMore Info
661-889-3201

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