Prime Fully Remodeled Blackstone Ave Space: Move-In Ready Listing Details & Market Data

3/4 mile from (2) CA-41 on/off-ramps: Shields/41 to the north, and McKinley/41 to the south. Surrounding national tenants are In-n-Out, McDonalds, Regal Cinemas 16, Denny’s, dd’d Discounts, Planet Fitness, Habit Burger, Chipotle, Panda Express, Starbucks, Footlocker, El Pollo Loco, T-Mobile, Cricket, Grocery Outlet, Von’s, Pep Boys, O’Reilly Auto Parts, Hometown Buffet, Quizno’s, Dollar Tree, Subway, & more! Nearby CA-41 Freeway, State Highway 99, 168 & 180 connect to all parts of Central CA. On Blackstone Ave, north of McKinley Ave, west of CA-41, and east of Van Ness Blvd. Provides easy access to the newly renovated 1.1 million SF Manchester Center and various Blackstone Ave retail amenities. Professional manicured grounds and surrounded by lush landscaping with ample private parking. Close access to FAX bus stop: preferred Route 1 - Q Rapid Transit with 31 drops every 14 minutes. New Manchester experiences high daily traffic counts at at the intersection of Shields and Blackstone averaging 105,750± cars per day.100% Leased Investment Opportunity: ±3,264 SF freestanding building on ±0.26 Acres (±11,514 SF) of General, Professional, and/or Medical space off Blackstone on Shields Ave. Offers (5) economical separately metered spaces leased to long-term tenants on AIR lease forms. Value-add opportunity with actual rents of $34,974.31/year collected plus upside through rent increases. After Suite #A and #B’s under-market rates are addressed and the built-in rental increases are experienced, the realistic 12-18 month stabilized gross annual income is $40,260 (15.12% upside). Unique investment offering easy-to-rent small office spaces within an under-built market (replacement value of $546K) with a strong need for these type of spaces. Once stabilized, the deal offers a 11.75% cash-on-cash return when leveraged with 30% down (1.76 DCR). Features a functional floor plan that each tenant has made substantial tenant improvements to. Multiple configurations ranging from 493 SF up to 816 SF with the ability to combine spaces to create larger units. Clean office spaces with fresh paint, new hard-surface flooring, and move-in ready spaces! Each unit has access to high speed Internet, separate meters, access to clean restrooms, private entrances (w/ secured entry gate), 20+ outdoor LED lights during the night hours, and consists of demising walls (can be combined). Brand new asphalt slurry coat, HVAC's and roof are less than 10 years old, full LED exterior lit private parking (plus street), excellent corner signage, great visibility and easy access to CA-41 and CA-99 on/off ramps.Brand New fully remodeled private suite: ±1,012 SF of fully remodeled "Class A" office suites consisting of a 22.5' x 45' space. Separately metered suites have 5 rooms/offices (1 of which is a large room/conference), front waiting/reception, a private ADA restroom, both front & rear private entrances, & sink connections within the rooms. High-traffic intersection near New Manchester Center, on the Blackstone Ave retail corridor with many national and local retailers in close proximity. Each unit has it's very own unique Blackstone Ave address, access to a 25' tall Pylon Signage, private front & rear entrance/exits, brand new ADA restrooms, and rear storage rooms. The first-class recent remodel includes brand-new hard-surface flooring throughout, crown molding, Brand New HVAC's, updated energy efficient features, LED can lighting, fresh interior/exterior paint, secure metal doors, security fence with automatic gated access, brand new parking lots, 20+ outdoor LED lights during the night hours, and lush landscaping. Front and Rear private parking lot (plus street) for various uses (ie. attorney practice, medical uses, professional office, and more). Easy access, abundant parking, spacious new restrooms, and direct signage/exposure to the newly upgraded Blackstone Ave.