Seller Financing: 60% LTV, 5% Interest Only for Five Years (For qualified borrowers/buyers)
Loopnet listed Cap Rate is Proforma Cap Rate: 7.2% Proforma Cash Return: 10.5% (Buyer to verify its own numbers and assumptions)
100% Leased Asset
Financials Available Upon Request
100 % LEASED Commercial building of approximately 5,106 square feet on a parcel of land of approximately 2,691 square feet, consisting of:
Szifio Restaurant
Claremont Rug 2
10 handsomely appointed therapy offices
Excellent visibility
Frontage on two streets, Claremont and 62nd Street
Large Basement
Easy access to all amenities, BART, major freeways
Situated amidst Safeway, Bank of America, Cole Coffee, Philz Coffee, Wood Tavern, Peet’s Coffee, and many others
Zoned CN-1 (check with City for allowable uses and development standards)
Easy street parking