Investment Opportunity: 16,500 SF Multi-Tenant Retail Center in SoCal Property Address: 101 Hacienda Drive, Calexico, CA 92231 -3% Commission to Buyer's Broker -Priced to Sell -Each unit is individually metered for electricity with in-suite restrooms -Proforma CAP Rate of up to 15% at $1/Month Rental Rates -Most units in the strip center are +-1,000 SF (Low All-In Rent Costs for Tenants) -Existing Tenants at Below market rents -Rare Value-Add Opportunity -Newer Retail Center built in the 1980s-1990s -Multiple Access points from Hacienda Drive and Imperial W Ave. -Adjacent to Forever 21, Food for Less, Rite Aid, Starbucks, Little Caesars, etc. -1.5 miles from Calexico/Mexicali Border Crossing *Also available for sale is the adjacent 7,000 SF freestanding building. Adjacent freestanding building is priced at $695,000 or both properties together are priced at $1,595,000. *Property is being marketed for sale by owners. Several partners in the property are licensed real estate professionals in California.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
