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800 Broadway Ave

5,235 SF 100% Leased Retail Building Seaside, CA 93955 £2,930,830 (£560/SF) 5.50% Net Initial Yield

Investment Highlights

  • Out parcel to Grocery Outlet Anchor.
  • Great access and parking.
  • Strong co-tenants.
  • Signalized intersection.

Executive Summary

The shopping center and PAD building is located at the SW corner of Broadway Ave and Fremont Blvd in the city of Seaside, CA. The subject consists of 1 retail building totaling approximately ±5,234 SF of net rentable area; part of a ±55,751 SF shopping centner. The listing consists of 1 parcel (APN 011-297-001-000) totaling approximately ±0.46 acres of land area.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,235 SF
Building Class
B
Year Built
2006
Price
£2,930,830
Price Per SF
£560
Net Initial Yield
5.50%
NOI
£161,196
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.26
Land Acres
0.46 AC
Zoning
CMX - Commercial Mixed Use
Parking
47 Spaces (8.98 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Pylon Sign
  • Signage
  • Signalised Intersection
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (71)
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.®

Nearby Major Retailers

Bank of America
Erik’s DeliCafé
Chase Bank
Grocery Outlet
Buffalo Wild Wings
Mechanics Bank
Starbucks
Storagepro
Safeway
Black Bear Diner

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
011-297-001-000
Land Assessment
£645,349
Improvements Assessment
£1,806,981
Total Assessment
£2,452,330
  • Listing ID: 17251211

  • Date on Market: 20/09/2019

  • Last Updated:

  • Address: 800 Broadway Ave, Seaside, CA 93955

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