Active

1500 Anna Sparks Way

McKinleyville CA, 95519

$1,500,000


$301.51 per sqft

Active

4,975 sqft

Commercial

Built in 1996

Listed by JB Mathers with C.B. Commercial Pacific Partners Real Estate

Passive Income Special! Invest in your financial future with this property, boasting a fresh 15-year Mountain Mike's Pizza lease with a personal guarantee. Enjoy stability and growth with the 15-year lease, two 5-year options, and a $250 monthly rent upsurge, plus rent bumps of 6% on all sales over $100,000 per month (first month $155k in sales). Benefit from rising rent alongside increased store revenue and potential EV income. Offset property tax hikes with the owner's carry option. Gain peace of mind with Four Individuals' Personal Guaranty of Lease and a Franchise Addendum. Seize the opportunity - call now!

263897

MLS ID

March 29, 2023

Listed

October 1, 2024

Updated

Map

1500 Anna Sparks Way
McKinleyville CA, 95519

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.22 Acres


Exterior Features

Handicap Rails, Landscaping, Major Road Access, Near Airport, Public Trans, Sidewalks

Other Property Details

Area Name

North Bay


Days on Market

530


Garage

No


Parking

Over 20 Spaces, Paved


View

No


Pool

No


Zoning

Commercial

Listing Contact: [email protected]

Based on information from the Humboldt Association of REALTORS®. Listing Broker and agents DO NOT guarantee the information in this MLS Listing is accurate. It is the duty of any person, buyer or entity using this MLS listing to exercise due diligence to independently verify this information. All properties are subject to prior sale, change or withdrawal. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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