102 Avenida Cabrillo San Clemente, CA 92672
Commercial-Other
MLS #: OC24193269
Listed By CENTURY 21 Affiliated
Property InformationDescription
Exceptional Investment Opportunity in San Clemente! 101 Avenida Serra and 102 Avenida Cabrillo-two prime legal parcels in the heart of San Clemente's vibrant downtown. This fully-leased gem offers a solid 10-year NNN lease with a popular canteen and a 6-year NNN lease with a popular hotel, ensuring stable and reliable income. With a robust estimated Net Operating Income of $288,000, this property not only boasts 10 dedicated parking stalls but also benefits from its strategic Mixed Use 3.1 (MU3.1) zoning, providing a range of future development possibilities. Seize this opportunity to invest in a thriving location with established, high-quality tenants. Perfectly positioned for continued growth and profitability-101 Avenida Serra and 102 Avenida Cabrillo represent a unique and valuable addition to any investment portfolio.
Features
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 7820 Sq. Ft.
- MLSID: OC24193269
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Water: City Water
- Year Built: 1955
