10550 Twin Cities Rd
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10550 Twin Cities Rd
4,740 SF 100% Leased Retail Building Galt, CA 95632 £2,190,860 (£462/SF) 6.25% Net Initial Yield
Investment Highlights
- High Volume Taco Bell (well below-market drive-thru rent)
- Directly Adjacent 226 New Housing Units Currently Under Construction
- Built in 2016
- Fully Leased Pad Building
- Shadow-Anchored by Tractor Supply and Dollar Tree
Executive Summary
3-Tenant retail pad with high volume Taco Bell Drive-Thru / Below Market Rents
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,740 SF
Building Class
C
Year Built
2016
Price
£2,190,860
Price Per SF
£462
Net Initial Yield
6.25%
NOI
£136,929
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.14
Land Acres
0.79 AC
Zoning
C
Frontage
225 ft on Twin Cities Rd
PROPERTY TAXES
Parcel Number | 148-1110-004 | Improvements Assessment | £1,850,494 |
Land Assessment | £837,222 | Total Assessment | £2,687,716 |
PROPERTY TAXES
Parcel Number
148-1110-004
Land Assessment
£837,222
Improvements Assessment
£1,850,494
Total Assessment
£2,687,716
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10550 Twin Cities Rd
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