Standalone Building with Drive-thru and Parking

2245 North Street Anderson, CA 96007

2245 North Street, Anderson, CA, 96007
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FOR SALE FOR LEASE
Property Type:
Free Standing Building
Amount:
$695,000
Last Verified:
Jan 12, 2024

Highlights


Description

Almost 8.3% cap rate at below market rents! Former Bank of America building available for sale or lease on busy North Street in Anderson, CA. This 11,188 square foot standalone building has approximately 9,000 on the first floor and an additional 2,188 square feet available on the 2nd floor. The property includes an expansive parking lot and existing multi-lane drive-thru. Priced to sell at just $62/sf, or lease it for just $0.65/sf modified gross, that's less than industrial space! With asking rent, list price comes in just under 8.3% cap rate.

Former Bank of America building available for sale or lease on busy North Street in Anderson, CA. This 11,188 square foot standalone building has approximately 9,000 on the first floor and an additional 2,188 square feet available on the 2nd floor. The property includes an expansive parking lot and existing multi-lane drive-thru. Priced to sell at just $62/sf, or lease it for just $0.65/sf modified gross, that's less than industrial space!

I-5 Exit on North Street heading West. Property will be on the left hand side just before the intersection of North Street and Martha Street


Year Built: 1977
Building Size: 11188sq ft
Lot Size: 1.65 acres


Documents

Sale & Lease Brochure 2024

Units for Lease

Entire Building
Space Available: 11188 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $0.65

Map of 2245 North Street, Anderson, CA, 96007

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