880 Broadway Ave
Seaside, CA 93955
Retail Property For Sale
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 site benefits from approximately ±458 feet of frontage along Broadway Ave and ±515 feet along Fremont Blvd. The subject consists of one (1) retail building totaling approximately ±7,591 SF of net rentable area; part of a ±55,751 SF shopping center.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,591 SF
Building Class
B
Year Built
2006
Price
£2,782,841
Price Per SF
£367
Net Initial Yield
6%
NOI
£166,970
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.36
Lot Size
0.49 AC
Zoning
CMX - Commercial Mixed Use
Parking
47 Spaces (6.19 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Route
- Pylon Sign
- Signage
- Signalised Intersection
PROPERTY TAXES
| Parcel Number | 011-297-003-000 | Improvements Assessment | £2,901,072 |
| Land Assessment | £699,613 | Total Assessment | £3,600,685 |
