4855 Primero St New Cuyama, CA 93254
- Lifestyle centers
Current Use by Public Records
- Lifestyle centers
Property Details for 4855 Primero St
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a thriving six-unit retail center in New Cuyama, California, situated on a substantial 14,374 square foot lot (APN: 149-032-010). The property boasts 100% occupancy and includes a successful supermarket generating $90,000 in gross sales annually with a 40% margin, a burger barn contributing $20,000-$30,000 in gross annual income, and a laundromat providing a consistent $1,000 monthly net income. Adding to the diverse income streams are three additional tenants: a post office paying $740 monthly rent, an antique shop paying $600 monthly, and the local water district contributing $300 monthly. The supermarket operates seven days a week, from 7 am to 9 pm. The property is located at 4855 Primero St, New Cuyama, CA 93254, and is offered at $1,800,000. This represents a significant opportunity to acquire a well-established, multi-faceted retail center with proven profitability and strong tenant occupancy in a stable community. The property's diverse tenant mix and high occupancy rate ensure a reliable and substantial return on investment. This is a turnkey operation, ready for immediate income generation. The single building houses all six units. This property is priced to sell and represents a compelling investment opportunity.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Cuyama
- County
- Santa Barbara
- State
- California
- Longitude
- -119.688
- Latitude
- 34.9476
