
Description
Supreme Downtown Location within a Federal Opportunity Zone. This amazing investment is a well maintained fully leased multi-tenant two-story Class B building consisting of 12470 +/- rentable square feet with 8 current office spaces and 7 tenants with modified gross leases. The tenant mix for the property consists of a variety of businesses. Private parking lot with 19 parking spaces with ample street parking. The interior has 2 common bathrooms on each level along with an Elevator. New Roof & HVAC units installed 12/20. The Proforma estimate for this investment is yielding a capitalization rate of 5.1%. The Georgia Street frontage benefits every Saturday of the year with the Farmer's Market foot traffic. Constructed in 1993, the building is on highly visible street near shops, restaurants, banks, City Hall, future Waterfront and Mare Island development projects, 1 block from the Vallejo Transit Center and 2 blocks from the Vallejo Ferry Terminal to San Francisco.
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0BEDS
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0.6ACRES
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0BATHS
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01/2 BATHS
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12,470SQFT
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$191$/SQFT
School Ratings & Info
Description
Supreme Downtown Location within a Federal Opportunity Zone. This amazing investment is a well maintained fully leased multi-tenant two-story Class B building consisting of 12470 +/- rentable square feet with 8 current office spaces and 7 tenants with modified gross leases. The tenant mix for the property consists of a variety of businesses. Private parking lot with 19 parking spaces with ample street parking. The interior has 2 common bathrooms on each level along with an Elevator. New Roof & HVAC units installed 12/20. The Proforma estimate for this investment is yielding a capitalization rate of 5.1%. The Georgia Street frontage benefits every Saturday of the year with the Farmer's Market foot traffic. Constructed in 1993, the building is on highly visible street near shops, restaurants, banks, City Hall, future Waterfront and Mare Island development projects, 1 block from the Vallejo Transit Center and 2 blocks from the Vallejo Ferry Terminal to San Francisco.
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