Shopping Community

2020-2046 Solano Street

2020 Solano St, Corning, CA 96021

Listing Price: $1,285,000

Cap Rate
6.27%
Gross SF
24,412
Rentable SF
24,412
Price/Gross SF
$52.64
Lot Size
3.02 acres
Year Built
1960

Investment Overview

2020-2046 Solano Street is a portfolio consisting of 3 building structures on 4 land parcels. The Napa Auto Parts recently signed a new 5 year leased with a 5 year option to extend. The Olive City Quick Lube is on a month to month lease and has been operating out of the same location for approximately 20 years. The former Ace Hardware Space will be delivered vacant at close of escrow. The is a great opportunity for investors or owner occupiers to purchase a robust shopping center on the main retail corridor in Corning, California.

Investment Highlights

  • Great Add-Value Opportunity
  • High quality tenants with a track record of performance and reliability
  • Major recent capital improvements including new roof, upgraded HVAC systems, ADA compliant bathrooms

Exclusively Listed By

Shopping Community

2020-2046 Solano Street

Listing Price: $1,285,000

Cap Rate
6.27%
Gross SF
24,412
Rentable SF
24,412
Price/Gross SF
$52.64
Lot Size
3.02 acres
Year Built
1960

Investment Highlights

  • Great Add-Value Opportunity
  • High quality tenants with a track record of performance and reliability
  • Major recent capital improvements including new roof, upgraded HVAC systems, ADA compliant bathrooms

Investment Overview

2020-2046 Solano Street is a portfolio consisting of 3 building structures on 4 land parcels. The Napa Auto Parts recently signed a new 5 year leased with a 5 year option to extend. The Olive City Quick Lube is on a month to month lease and has been operating out of the same location for approximately 20 years. The former Ace Hardware Space will be delivered vacant at close of escrow. The is a great opportunity for investors or owner occupiers to purchase a robust shopping center on the main retail corridor in Corning, California.

Exclusively Listed By

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