Property profile

15060 Lakeshore Dr Clearlake, CA 95422

FOR LEASE
Retail space
Property ID
US09-3050170
1,600 SF 0.54 ac lot Built 1963
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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15060 Lakeshore Dr, Clearlake, CA 95422 For Lease
$190,000 3,740 SF available
15060 Lakeshore Dr, Clearlake, CA 95422
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Property summary

AI-generated overview

This exceptional retail property, located at 15060 Lakeshore Drive in Clearlake, California, 95422, presents a unique opportunity for businesses seeking a prominent location. The property offers a flexible ground lease or build-to-suit option, catering to various needs and expansion plans. The single-story building encompasses a total of 3,740 square feet, currently entirely vacant, and is divisible into units as small as 1,600 square feet, with a maximum contiguous space of 3,740 square feet. The property features two suites, providing versatility for multiple tenants or a single large occupant. Situated on a substantial 23,749 square foot lot, the property boasts excellent visibility and accessibility, enhanced by its proximity to Old Hwy 53. This prime location in Clearlake offers significant potential for businesses seeking high-traffic exposure and a strong customer base. The build-to-suit option allows for complete customization, ensuring the space perfectly aligns with the tenant's specific requirements and operational needs. This is an unparalleled chance to establish a thriving business in a desirable Clearlake location. The property's size and flexibility make it ideal for a variety of retail concepts. Don't miss this opportunity to secure a prominent retail presence in a growing market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Total area 1,600 SF
Lot 0.54 ac (23,522 SF)
APN 040-330-220-000
UPID US09-3050170

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Location

15060 Lakeshore Dr Clearlake, CA 95422
Clearlake metro Census 802 CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2015
2 recorded transactions
2024
Price N/A
2015
$110,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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