16940 State Highway 14, Mojave, CA
Shopping Center for Sale - $1,999,000 - 12,000 Sq. Ft. on 0.69 acres
Property Info
| CIMLS# | 1085163 |
| Location 16940 State Highway 14 Mojave CA 93501 | |
| Updated | May 31st, 2021 |
| Type | Shopping Center |
| Price | $1,999,000 |
| Building | 12,000 Sq. Ft. |
| Land | 0.69 acres |
Property Description
8.45% CAP Rate - Huge opportunity to buy this cash flow property in the booming city of Mojave, California. All calculations below are based on a 5% vacancy factor and a 10% expense factor. The net operating income is calculated at: $168,918.38 per year. Yearly gross scheduled income is about: $197,565.36. All Tenant information is private and will be given when an NDA is signed. There is a Tesla charging station in the parking lot. Great and strong looking structure. As you can see this is a great investment opportunity and a great location overall. Property looks in good working condition and seller is ready to sell to move on. Let's put a deal together.
Show Instructions: PLEASE BE VERY DISCRETE!!! ALL TENANTS ARE NOT AWARE OF SALE. Ask listing agent how to view.
Brokers: Submit your commission request before you send your offer or include it in your LOI.
Financials
CAP Rate: 8.45%
Gross Scheduled Income: $197,565.36
Net Operating Income: $168,918.38