Description
Paved parking lot that is leased to Mark's Hot Dogs on a month-to-month basis. The current rent is $24,000 per year, triple net, which is below market. This is an opportunity to increase the rent to market and sign a long-term lease with the tenant. Or, the site can be redeveloped with residential uses. The general plan is Residential Neighborhood. Excellent traffic counts and demographics.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Paved parking lot that is leased to Mark's Hot Dogs on a month-to-month basis. The current rent is $24,000 per year, triple net, which is below market. This is an opportunity to increase the rent to market and sign a long-term lease with the tenant. Or, the site can be redeveloped with residential uses. The general plan is Residential Neighborhood. Excellent traffic counts and demographics.
© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-03-30T15:49:47.357. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jeff Hansen, DRE#01168621 | eXp Realty of California, Inc. CA DRE#01878277. Licensed in the State of California.
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Listing provided courtesy of Joshua Johnson of Marcus & Millichap: 650-391-1784.