3228-3320 N Tracy Blvd, Tracy, CA
Retail building for sale in Tracy, California.
- Added:
- Jan 23, 2024
- Days on Market:
- 877
- Last Refresh:
- May 20 at 9:36 pm
Property Features for 3228-3320 N Tracy Blvd
General Information
- Standard status
- Active
- Size
- 25,000 SF
- Lot size
- 4.83 Acres
- Property subtype
- RETAIL
Listing agent Brett Saunders (818) 581-7061
Listing office Lee & Associates (818) 581-7061
Listing date Jan 23, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates
HighLights
- Absolute NNN lease
- Retail building for sale
- No landlord obligations
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $450.0k | $18.00 |
| − Vacancy | −$45.0k | −$1.80 |
| EGI | $405.0k | $16.20 |
| − OpEx | −$121.5k | −$4.86 |
| NOI | $283.5k | $11.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tracy
- County
- San Joaquin
- State
- California
- Longitude
- -121.434
- Latitude
- 37.7599
