723 N China Lake Blvd
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723 N China Lake Blvd
7,416 SF 100% Leased Retail Building Ridgecrest, CA 93555 £661,888 (£89/SF) 7.71% Net Initial Yield
Investment Highlights
- Prime location on the main street near Naval Air Station and across street from Stater Bros, Marshalls, Big5, Famous Footwear and Wingstop.
Executive Summary
Commercial property with three buildings.
Financial Summary (Actual - 2021) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2021) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,416 SF
Building Class
C
Year Built/Renovated
1962/2010
Price
£661,888
Price Per SF
£89
Net Initial Yield
7.71%
NOI
£51,020
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.33
Lot Size
0.52 AC
Zoning
Commercial - Restaurant Building
Parking
24 Spaces (3.24 Spaces per 1,000 SF Leased)
Frontage
163 ft on N China Lake
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Total Assessment | £451,006 (2024) | |
| Land Assessment | £59,465 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £391,541 (2024) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£59,465 (2024)
Improvements Assessment
£391,541 (2024)
Total Assessment
£451,006 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2021
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A Team Real Estate
723 N China Lake Blvd
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