±4,850 SF Freestanding Single-Tenant Office Investment with a long term (13+ year) quality tenant: Community Action Partnership of Madera County (CAPMC). The tenant has operated thru their initial term, recently extended, and have options built into the lease until June 30, 2029, demonstrating their commitment to the site. Safe, secure, conservative under-market rent of $0.92/SF/month (MG) with rent escalation every year through June 30, 2024, allowing an investor to experience further rent increases and extensions with the existing tenant. Deal offers a DCR of 1.42 with 25% down, and a 7.17% cash-on-cash return. Freestanding office with a private parking lot, well-maintained yard, and professionally maintained building. Property offers multiple private offices, reception area, break room, storage, and private restrooms. Property is positioned on the side to offer multiple parking spaces including street parking, and street signage/exposure. Since incorporated in 1965, CAPMC (501 c3 non-profit) has made a positive difference by improving the social well-being & economic capacity of low to moderate-income individuals and families, as well as providing opportunities to achieve economic independence. For the past 5decades, they've been the voice & catalyst of empowerment/opportunity to the “at risk” and “invisible” population living in Madera, Mariposa and Fresno counties. CAPMC focuses its resources on goal-oriented interventions while assisting those in need of emergency shelter or help paying a utility bill, and end poverty by: (i.) Offering services that provide families with a safe and healthy environment; (ii.) Challenging individuals to achieve positive results toward personal and collective prosperity; and (iii.) Promoting personal growth and independence.
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Industrial Space
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