Date Palm Drive Cathedral City, カリフォルニア 92234, アメリカ合衆国
Date Palm Drive Cathedral City カリフォルニア 92234 アメリカ合衆国 にある 売買 の 事業用 は現在 売買 のため、Date Palm Drive Cathedral City カリフォルニア 92234 アメリカ合衆国 は $1,950,000 で出品されています。 Date Palm Drive Cathedral City カリフォルニア 92234 アメリカ合衆国 にある物件が探しているものではない場合は、 カリフォルニア 不動産 を検索して、Cathedral City にある 売買 の他の 事業用 をご覧ください 。
MLS登録番号: 372870124
$1,950,000 USD
物件の特徴
建物の詳細
- 建築年
- 1991
物件の概要
This commercial income investment offers a robust Cap Rate of 8.5% with minimal operating expenses and has maintained 100% rental occupancy over the past 24 months. The property features a 6,250 SF building situated on an 18,730 SF lot, providing approximately 20 parking spaces. Building is in full compliance with ADA codes.The building comprises two suites of approximately 1,185 SF and 5,065 SF, including common areas. It currently houses two tenants: a Barber/Hair Salon and a Cannabis Testing Lab. The hair salon's lease is month to month, asking for a new 5 year lease, while the Cannabis Testing Lab has 3-year lease, started May 1st 2024, rent is $14,490 monthly. Starting May 1st 2025 next 2 years rent reduces to $10,500 monthly. This well-maintained building has undergone extensive remodeling inside and out to accommodate the cannabis testing lab. The Lab owner has spent over $500,000 on improvements Including new flooring, upgraded electrical panel, wiring, and lighting throughout, with new plumbing, new A/C units and duct work, and a new roof. Tenants are responsible for their own repairs and maintenance.The property includes five bathrooms, break rooms, storage areas, newly built-in trash containers, and landscaped areas. It is ideally located on Date Palm Drive in the heart of Cathedral City.The location is surrounded by commercial amenities such as Starbucks, Applebee's, AutoZone, El Pollo Loco, and is near Palm Springs Airport and the I-10 freeway.