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The Boatyard Center 101-189 Boatyard Dr

103,200 SF 100% Leased Retail Building Fort Bragg, CA 95437 £14,475,325 (£140/SF) 7.24% Net Initial Yield

Executive Summary

A DOMINANT NORTHERN CALIFORNIA COAST NEIGHBORHOOD SHOPPING CENTER OFFERED FOR THE FIRST TIME BY THE ORIGINAL DEVELOPER AND RETIRING PARTNERSHIP. DEVELOPED IN TWO PHASES IN THE 1980'STOTALLING 102,000+- RSF AT THE HIGHLY VISIBLE INTERSECTION OF GATEWAY HIGHWAYS 1 AND 20 IN FORT BRAGG, CALIFORNIA. ANCHORED BY THE HARVEST MARKET, AN ESTABLISHED AND VERY POPULAR MARKET FOR A VARIETY OF UPSCALE GROCERIES AND PRODUCT. OTHER KEY TENANTS INCLUDE O'REILLY'S AUTO, DOLLAR TREE, VERIZON, US CELLULAR, DAVID'S RESTAURANT, MENDOCINO HEALTH, EDWARD JONES, SUBWAY SANDWICHES, REDWOOD COAST DEVELOPMENT, AND TESLA, WITH 12 SUPERCHARGING STATIONS, THE LARGEST ALONG THE NORTHERN COAST. A POPULAR, ESTABLISHED, HIGH OCCUPANCY, & UPSCALE SHOPPING CENTER.

Attachments

BPG 8-5-2024 final BOATYARD PRESENTATION PACKAGE

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
103,200 SF
Building Class
B
Year Built
1986
Price
£14,475,325
Price Per SF
£140
Net Initial Yield
7.24%
NOI
£1,048,215
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Lot Size
8.28 AC
Zoning
Community Commercial
Frontage
1,102 ft on HIGHWAYS 1 AND 20

Amenities

  • Banking
  • Bus Route
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Security System
  • Signalised Intersection
  • Wheelchair Accessible
  • Accent Lighting
  • Car Charging Station
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
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Nearby Major Retailers

IGA
Starbucks

PROPERTY TAXES

Parcel Numbers
Multiple
  • 018-160-39-00
  • 018-150-44-00
 Improvements Assessment £5,174,272
Land Assessment £469,669 Total Assessment £5,643,940

PROPERTY TAXES

Parcel Numbers
Multiple
  • 018-160-39-00
  • 018-150-44-00
Land Assessment
£469,669
Improvements Assessment
£5,174,272
Total Assessment
£5,643,940
(925) 683-0306

Contact

  • Listing ID: 32084229

  • Date on Market: 10/06/2024

  • Last Updated:

  • Address: 101-189 Boatyard Dr, Fort Bragg, CA 95437

The Retail Property at 101-189 Boatyard Dr, Fort Bragg, CA 95437 is currently available for sale. Contact Briner Property Group for more information.

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© 2024 CoStar Group

The Boatyard Center | 101-189 Boatyard Dr
(925) 683-0306 x

The Boatyard Center | 101-189 Boatyard Dr

Dan Briner

(925) 683-0306

(925) 683-0306

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