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1553 Fremont Blvd 8,422 sq ft 100% Let Retail Property Seaside, CA 93955 £3,355,092 (£398.37/sq ft) 6% Net Initial Yield
EXECUTIVE SUMMARY
Freestanding Pad Building at busy Grocery Outlet Anchored Center. Strong barriers to enter, with ground zero retail location in Seaside.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Property Size
8,422 sq ft
Costar Property Class
B
Year Built
2006
Price
£3,355,092
Price per sq ft
£398.37
Yield
6%
NOI
£201,306
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.22
Total Plot Size
0.89 ac
Use Class
CMX - Commercial Mixed Use
Parking
47 Spaces (5.58 Spaces per 1,000 sq ft Leased)
Frontage
170 ft on Fremont St
AMENITIES
- Bus Route
- Signage
- Signalised Intersection
Walk Score®
Excellent pedestrian access (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 011-297-007-000 | Improvements Assessment | £2,957,639 |
| Land Assessment | £937,342 | Total Assessment | £3,894,981 |
PROPERTY TAXES
Parcel Number
011-297-007-000
Land Assessment
£937,342
Improvements Assessment
£2,957,639
Total Assessment
£3,894,981
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1553 Fremont Blvd
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