880 Broadway Ave Seaside, CA 93955-4308

This exceptional investment opportunity presents a 55,751 square foot retail center in Seaside, California. The property, built in 2006, boasts a 100% occupancy rate, generating a strong net operating income (NOI) of $215,121 and a compelling 6.00% capitalization rate. Priced at $3,585,350, this asset offers significant potential for investors seeking a stable, high-performing retail portfolio addition. The center is strategically located at 880 Broadway Ave, Seaside, CA 93955, on a 0.49-acre lot with ample parking (191 spaces) and excellent visibility due to its location at a signalized intersection. The property is zoned Commercial Mixed Use (CMX) and includes a ±7,591 square foot building that is part of a larger shopping center. The anchor tenant is Grocery Outlet, providing a strong foundation for the center's continued success. The property's Assesor's Parcel Number (APN) is 011-297-003-000. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a desirable California market. Don't miss this chance to secure a valuable addition to your investment portfolio.