This fully leased, single-tenant retail building presents a compelling investment opportunity in Oakhurst, California. The 2,500 square foot storefront, situated on a 0.65-acre lot (APN 064-190-001-000), is currently leased to "Something Special," a well-established cooperative of mountain artists and retailers, under a five-year net-net lease with annual rent increases of $50. The current lease rate is $0.94 per square foot per month, significantly below market value, offering substantial potential for appreciation. The building boasts a prime location directly behind a McDonald's, benefiting from high visibility and traffic counts of approximately 18,757 vehicles daily on CA-41 and 12,644 on CA-49. The property features ample paved parking and an open layout including a large retail area, private offices, and restrooms. The building is well-maintained, with a recently applied Phoenix roof coating and regularly serviced air conditioning units. Its proximity to schools, neighborhoods, other retail amenities, and easy freeway access (CA-41) further enhances its desirability. The tenant, "Something Special," has operated successfully for approximately seven years, offering unique handcrafted items, home décor, and more. The asking price is $320,000 ($128 per square foot), less than the assessed value, making this a highly motivated seller opportunity. The property's location near Yosemite National Park (15.6 miles) and Bass Lake Recreation Area (9 miles) leverages the strong year-round tourism economy. The average household income within a five-mile radius is $94,195. This investment offers a blend of strong current income, significant upside potential, and a desirable location in a thriving community.
Highlights
Fully Leased, prime retail building.
Experienced operator with scheduled rent increases.
Absolute NNN lease with healthy annual increases.
Below-market lease rate offering significant value appreciation potential.
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Contacts
Jared Ennis
Kevin Land
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40120 Ca-41, Oakhurst, California, 93644
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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40120 Ca-41
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