This fully leased, single-tenant retail building presents a compelling investment opportunity in Oakhurst, California. The 2,500 square foot storefront, situated on a 0.65-acre lot (APN 064-190-001-000), is currently leased to "Something Special," a well-established cooperative of mountain artists and retailers, under a five-year net-net lease with annual rent increases of $50. The current lease rate is $0.94 per square foot per month, significantly below market value, offering substantial potential for appreciation. The building boasts a prime location directly behind a McDonald's, benefiting from high visibility and traffic counts of approximately 18,757 vehicles daily on CA-41 and 12,644 on CA-49. The property features ample paved parking and an open layout including a large retail area, private offices, and restrooms. The building is well-maintained, with a recently applied Phoenix roof coating and regularly serviced air conditioning units. Its proximity to schools, neighborhoods, other retail amenities, and easy freeway access (CA-41) further enhances its desirability. The tenant, "Something Special," has operated successfully for approximately seven years, offering unique handcrafted items, home décor, and more. The asking price is $320,000 ($128 per square foot), less than the assessed value, making this a highly motivated seller opportunity. The property's location near Yosemite National Park (15.6 miles) and Bass Lake Recreation Area (9 miles) leverages the strong year-round tourism economy. The average household income within a five-mile radius is $94,195. This investment offers a blend of strong current income, significant upside potential, and a desirable location in a thriving community.
Property Features for 40120 Ca-41
General Information
Property type
Individual retail properties
Square Feet
2,500 SF
Lot Size
28,314 SF
HighLights
Fully Leased, prime retail building.
Experienced operator with scheduled rent increases.
Absolute NNN lease with healthy annual increases.
Below‑market lease rate offering significant value appreciation potential.
Individual retail property - 2,500 SF Single-Tenant Retail Building
Where is this individual retail property located?
The property is located at 40120 Ca-41 Oakhurst, CA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Fully Leased, prime retail building.; Experienced operator with scheduled rent increases.; Absolute NNN lease with healthy annual increases.
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40120 Ca-41 Oakhurst, CA 93644
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40120 Ca-41 Oakhurst, CA 93644
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40120 Ca-41, Oakhurst, CA
Jared Ennis
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