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- LoopNet Team
895 Faulkner Rd
Santa Paula, CA 93060
Santa Paula Kmart · Retail Property For Sale
PROPERTY FACTS
Amenities
- Freeway Visibility
- Signage
About 895 Faulkner Rd , Santa Paula, CA 93060
Current Kmart lease allows for a recapture of ±31,257 SF creating an opportunity to reposition the property and increase the net operating income. ±2-3 acres of surplus land available to develop additional retail, office or potential residential. Kmart provides in-place income as investor prepares to add value through recapture provision. Located off the 126 freeway providing convenient access to the shopping center for Santa Paula residents. Limited supply of retail, 1,500 new residential units currently under construction, and a sub 5% retail vacancy rate have created a stable retail environment in Santa Paula.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £169,128 | |
| Land Assessment | £2,790,627 | Total Assessment | £2,959,755 |
PROPERTY TAXES
