GREAT investment deal for your portfolio

1001 Avenida Pico, San Clemente, CA 92673

$6,000,000 After Repair Value -
$5,250,000 Asking Price -
$0 Cost of Repairs =
$750,000 Potential Profit

Property Details

Asking Price $5,250,000

After Repair Value $6,000,000

Costs of Repairs $0

Potential Profit $750,000

Living Area 9,216 ft2

Property Type Commercial Property

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

This is a rare opportunity for an investor to purchase two multi-tenant retail buildings totaling approximately 9,216 rent-able square feet within a 67,744 square foot shopping center with in an established retail center. The entire retail center benefits from national tenants and traffic flow and synergy created by these tenants. The national and regional tenants in the center but are not included in the offering are (UPS Store, Z-Pizza, Starbucks, and Quizno. The property caters to retail, restaurants and professional office users.The property has three curb cuts that provide excellent access to the property. The Courtyards at Talega offering is 2 of the 6 buildings in the center. The property is on approximately 6.50 Acres of land with reciprocal easements for all owners with in the center. Court Yard at Talega Phase I is an office and retail center on approximately 1.97 acres of land that is in the center and not included in this offering.The center is on the SIGNALIZED HARD CORNER of Avenida Pico with a traffic count of 22,000 per day and Avenida La Pata with a traffic count 21, 000 cars for a total traffic count of 43,000 cars per day. The property has excellent ingress egress from Avenida La Pata and Avenida Pico. The property is approximately 1.9 miles 6 minutes to the 5 freeway. The property draws consumers from Rancho San Clemente Business Park 3,100,000 square. The property also caters to the communities of Talega, Marblehead, Rancho San Clemente and Forester Ranch. The Court Yard at Talega is at the entrance of the residential master plan affluent community of TALEGA one the most exclusive communities in all of California. The property has two Golf Courses as neighbors Talega Golf Club and Bella Collina Towne & Golf Club.Asking price: $5,250,000 plus 7% commission must be paid by the buyer.... Y.M


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