2108 Hwy 86 Service Rd, Thermal, CA
Retail property with long-term occupancy on Highway 86.
- Added:
- Apr 9, 2024
- Days on Market:
- 797
- Last Refresh:
- May 19 at 9:25 pm
Property Features for 2108 Hwy 86 Service Rd
General Information
- Standard status
- Active
- Size
- 11,592 SF
- Lot size
- 1.65 Acres
- Property subtype
- RETAIL
Listing agent Rob Bloom License #01302163 (858) 405-5342
Listing office Duhs Commercial (858) 405-5342
Listing date Apr 9, 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 Duhs Commercial
HighLights
- Long term occupancy with recently exercised 5‑Year Option
- Highway 86 location at Main Commercial destination for the Trade Area
- Ease of management with very limited landlord responsibilities
- Lithium Extraction in the Area providing new economic drivers
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 | $208.7k | $18.00 |
| − Vacancy | −$10.4k | −$0.90 |
| EGI | $198.2k | $17.10 |
| − OpEx | −$59.5k | −$5.13 |
| NOI | $138.8k | $11.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Thermal
- County
- Imperial
- State
- California
- Longitude
- -115.967
- Latitude
- 33.2805
