Discover the potential of Madera, CA, a thriving city with a strategic location. The area offers a growing business community, with proximity to major transportation routes and access to a skilled workforce. Nearby points of interest include the Madera Municipal Golf Course, providing opportunities for networking and relaxation. The location also boasts convenient access to dining options, shopping centers, and local parks, creating an attractive environment for employees and clients. With a strong local economy and a range of amenities, the area surrounding the property presents an ideal opportunity for Office / Office Building investors seeking a strategic investment in a dynamic and growing community.This investment property offers a five-year lease with monthly rental income of $4,000, generating $48,000 in annual rental income. The property is offered strictly as an investment opportunity, featuring a 7.4% capitalization rate and a modified gross lease structure.
With its prime location in the heart of Madera, this 3,024 SF building presents a compelling opportunity for Office / Office Building investors. Built in 1959, the property exudes timeless charm while offering versatility for modern upgrades and expansions. Boasting a well-established presence in a bustling commercial hub, the building is perfectly suited to accommodate a range of business ventures. Its strategic positioning and classic design make it an ideal investment for those seeking to capitalize on the potential of the Madera area. Embrace the possibilities and elevate your investment portfolio with this distinguished property, poised to make a lasting impact in the local commercial real estate landscape.This investment property offers a five-year lease with monthly rental income of $4,000, generating $48,000 in annual rental income. The property is offered strictly as an investment opportunity, featuring a 7.4% capitalization rate and a modified gross lease structure.
True
1 Space Available
324 Southgate
Space Type
Office
Lease Rate
$4,000.00/MO
Total Space
3,100 SF
Divisible Space
3,100 - 3,100 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
This investment property offers a five-year lease with monthly rental income of $4,000, generating $48,000 in annual rental income. The property is offered strictly as an investment opportunity, featuring a 7.4% capitalization rate and a modified gross lease structure.
Contacts
Kirk Atamian
Re/Max Success - Kirk Atamian
Location
Located at 324 South Gateway Drive, Madera, CA 93637, this property is part of the Downtown Madera
neighborhood and Central Valley market.