Overview

Listing ID:#20189612

Building SF:11,000

Parcel Size:2.41 Acres

Price:$1,349,900

Building PSF:$122.72

Property Type:Office, Retail

Date Available:Now

Sub-Type: Spa/Salon, Restaurant/Bar, New Construction, Medical/Dental, Fully Built-out, Freestanding, Drive Through, Day Care/School/Church, Tech Company/Data Center/Call Center, New Construction, Lab, Healthcare/Medical/Dental, Fully Built-Out

SAND VALLEY BUNKER BUILDINGS!

Pro Forma NOI of $126,700 with a 9.39% Cap Rate. Based on $171,000 projected annual rent, 5% vacancy, and 22% operating expenses. The 5,500 sqft Sands West building is fully built out and leased to Golden Ferret Golf Sims for $72,000 annually. The 5,500 sqft Sands East building can be divided into four 1,100 sqft units, each with private baths, framing, and finishes included in the purchase price. The property sale consists of two new commercial buildings totaling 11,000 sqft on 2.41 acres along a high-traffic state highway near KwikTrip, Sand Valley Golf Resort, Lake Arrowhead Golf, and two lakes. Featuring a modern design with large windows and flexible layouts, a large paved parking lot, a shared outdoor space, and infrastructure in place for a future 3rd building. Leasing Available.

Financial Information

Gross Income:$171,000

Cap Rate:9.39%

Percent Leased:50%

Real Estate Taxes:$872

Tax Year:2024

Building Details

Building Type:Strip Center

Building Status:Existing

Year Built:2025

Current Use:Retail/Office

Number of Floors:1

Number of Units:2

Zoning:B-1 Commercial

Outside Parking:Yes

Outside Parking per 1,000 sf:18,000

Ceiling at Eves:12 ft

Ceiling at Center:18 ft

Parcel Front Dim.:400 ft

Parcel Side Dim.:262 ft

Sprinklers:Yes

Cable:Yes

T1:Yes

ADA Compliant:Yes

Bus Line:Yes

Contact Listing Agent

John David Vasquez

608-770-4322

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