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12233-12247 Woodside Ave

9,600 SF 100% Leased Retail Building Lakeside, CA 92040 £2,011,950 (£210/SF) 5.70% Net Initial Yield

Investment Highlights

  • Pylon Signage
  • Recent Improvements
  • Heavy Vehicle Traffic

Executive Summary

- 5,600 SF of multi-tenant retail and one (1) metal free-span automotive/industrial building (4,000 SF)
- Well positioned on Woodside Ave one of the busiest commercial district in Lakeside mere minutes From Downtown Lakeside
- Large ~0.81 acre lot (35,284 sf)
- New TPO Roof on Retail Building in 2020 with Ten (10) Year Manufacturer’s Warranty.
- Clean Phase 1 Report
- Recently Restriped and Resealed parking lot
- Auto Body Repair Business with Fenced Storage Yard Area with Two (2) Gates for Drive Around Access.
- 7 units with diversified mix of Retail Tenants (Little Miss Brewing 9 locations in San Diego, barber shop, massage spa)
- Tenants pending for 100% occupancy

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,600 SF
Building Class
C
Year Built
1968
Price
£2,011,950
Price Per SF
£210
Net Initial Yield
5.70%
NOI
£114,681
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.27
Land Acres
0.81 AC
Zoning
C36
Parking
43 Spaces (4.48 Spaces per 1,000 SF Leased)
Frontage
175 ft on Woodside

Amenities

  • Pylon Sign
  • Signage
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
394-510-04
Land Assessment
£343,279
Improvements Assessment
£210,956
Total Assessment
£554,235
  • Listing ID: 33353570

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 12233-12247 Woodside Ave, Lakeside, CA 92040

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