1626 Broadway 1628 Broadway
Eureka, CA
Retail for Sale - $2,750,000 - 11,500 Sq. Ft.
Agent Info
Jonathan Mathers Coldwell Banker Commercial Pacific Partners Real Estate |
Property Info
CIMLS# | 1154446 |
Location 1626 Broadway 1628 Broadway Eureka CA 95501 | |
Updated | February 7th, 2024 |
Type | Retail |
Price | $2,750,000 |
Building | 11,500 Sq. Ft. |
Property Description
Prime Investment Opportunity in Eureka, CA! This dual-property gem on 1626 and 1628 Broadway, also known as Highway 101, boasts a lucrative lineup. Bevmo, our anchor tenant with a decade-long presence, just committed to another 5 years. The second tenant, a thriving Humboldt business, also inked a solid 5-year lease. Both leases are NNN, leaving the landlord responsible only for the roof. With annual rents exceeding $130,000 and built-in escalations, this investment promises a robust return. Surround yourself with established neighbors like O'Reilly, Eureka Natural Foods, Costco, Walgreens, US Cellular, and more. Seize the chance for passive income in this highly sought-after Eureka location!