High visibility and traffic are excellent indicators of a potential lucrative investment. A property situated in a prime location can attract more tenants and customers, leading to higher rental income and property value. The mix of professional offices and retail spaces can help diversify the tenant base, reducing risk associated with vacancies or economic downturns affecting a specific sector. With over 125,600 gross square feet of building space and nearly 6 acres of land, there many be opportunities for expansion or redevelopment in the future, depending on zoning regulations and market demand. Evaluate the property's potential for generating rental income and its overall return on investment (ROI). Factor in financing costs, property taxes, insurance, and other expenses to determine the property's profitability. Consider your investment goals and long-term strategy for the property. Are you looking for steady rental income, capital appreciation, or a combination of both? Develop a clear investment plan to guide your decision-making process.
Listing courtesy of Lyon RE Sierra Oaks.
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