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PRIME NAPA DOWNTOWN INVESTMENT OPPORTUNITY1424-1436 SECOND STREETNAPA, CA 94559
F O R S A L E S O L I D T U R N K E Y I N V E S T M E N T O P P O R T U N I T Y
Presented By:
MICHAEL HOLCOMBC: [email protected]
S T R O N G & H A Y D E N | 4 3 3 S O S C O L A V E N U E , S U I T E A 1 1 0 , N A P A , C A 9 4 5 5 9 | 7 0 7 . 2 2 6 . 2 6 6 1 | S T R O N G H A Y D E N . C O M
MICHAEL HOLCOMBC: [email protected]
S T R O N G & H A Y D E N | 4 3 3 S O S C O L A V E N U E , S U I T E A 1 1 0 , N A P A , C A 9 4 5 5 9 | 7 0 7 . 2 2 6 . 2 6 6 1 | S T R O N G H A Y D E N . C O MAll information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information. It is our intention that all qualified applicants be given equalopportunity. We do not discriminate on the basis of race, religion, national origin, color, sex, sexual preference, age, veteran status, or disability. The Real Estate Professionals Preparing the above estimate and or theiremploying Broker do not warrant the accuracy or assumes no responsibility for any errors and omissions.
SALE HIGHLIGHTS• 1424 2nd Street: ± 1,674 SF; Back office/storage room, restroom
• 1428 2nd Street: ± 1,336 SF; Newly remodeled space, beautiful
track and recessed lighting; Wide open spacing w/ polished
concrete flooring; Restroom, storage space
• 1436 2nd Street: ± 2,600 SF; Current tenant USPS; Retail location
w/ P.O. Box; Large back office w/ private office, small
kitchenette, restroom
Property Address: 1424-1436 Second Street , Napa, CA94559
Property Type:DOWNTOWN INVESTMENT
OPPORTUNITY
APN: 003-204-007-000
Lot Size: 0.14 AC
Building Size: 5,610 SF
Zoning: DMU - Downtown Mixed Use
Number of Units: 3
Offered at: $5,200,000.00
Cap Rate: 5
PROPERTY OVERVIEWThree solid tenants anchored by the Napa Post Office arelocated in this prime corner downtown Napa Valleylocation. Ideal for exchange buyers and investors lookingfor turnkey investment. New facade, all new MEP, andupdated infrastructure. Excellent opportunity!
LOCATION OVERVIEWLocated in downtown Napa withing walking distance tothe Oxbow Public Market, and a street over from the newFirst Street Project, which includes the Archer Hotel andmany retailers. Situated on one of Napa's busiest andmost popular downtown streets. Adjacent to the soon tobe completed 175,000 square foot hotel and retail project.
DOWNTOWN INVESTMENT OPPORTUNITY1 4 2 4 - 1 4 3 6 S E C O N D S T R E E T | N A P A , C A 9 4 5 5 9
P R O P E R T Y D E T A I L S & H I G H L I G H T S
F O R S A L E
MICHAEL HOLCOMBC: [email protected]
S T R O N G & H A Y D E N | 4 3 3 S O S C O L A V E N U E , S U I T E A 1 1 0 , N A P A , C A 9 4 5 5 9 | 7 0 7 . 2 2 6 . 2 6 6 1 | S T R O N G H A Y D E N . C O MAll information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information. It is our intention that all qualified applicants be given equalopportunity. We do not discriminate on the basis of race, religion, national origin, color, sex, sexual preference, age, veteran status, or disability. The Real Estate Professionals Preparing the above estimate and or theiremploying Broker do not warrant the accuracy or assumes no responsibility for any errors and omissions.
UNIT TENANT SF Rent/SF Monthly Rent Monthly Charges Annual Increases Lease From Lease To Option
1424 Pleasures Unlimited 1,674 $4.15 $6,947.10 $981.00 3% 08/01/2018 07/31/2023 N/A
1428 Wunder Boutique + Salon 1,336 $4.00 $5,344.00 $783.00 N/A 11/01/2015 12/31/2020 N/A
1436 USPS 2,600 $4.28 $11,700.00 $1,040.00 3% 07/01/2018 06/30/2028 5yr MV
TOTAL 5,610 $23,991.10 $2,804.00
1428 2nd Street: Wunder Boutique + Salon
1436 2nd Street: USPS
1428 2nd Street Interior - Salon space
DOWNTOWN INVESTMENT OPPORTUNITY1 4 2 4 - 1 4 3 6 S E C O N D S T R E E T | N A P A , C A 9 4 5 5 9
R E N T R O L L
F O R S A L E
MICHAEL HOLCOMBC: [email protected]
S T R O N G & H A Y D E N | 4 3 3 S O S C O L A V E N U E , S U I T E A 1 1 0 , N A P A , C A 9 4 5 5 9 | 7 0 7 . 2 2 6 . 2 6 6 1 | S T R O N G H A Y D E N . C O MAll information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information. It is our intention that all qualified applicants be given equalopportunity. We do not discriminate on the basis of race, religion, national origin, color, sex, sexual preference, age, veteran status, or disability. The Real Estate Professionals Preparing the above estimate and or theiremploying Broker do not warrant the accuracy or assumes no responsibility for any errors and omissions.
DOWNTOWN INVESTMENT OPPORTUNITY1 4 2 4 - 1 4 3 6 S E C O N D S T R E E T | N A P A , C A 9 4 5 5 9
R E T A I L E R M A P
F O R S A L E