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4900 Valley West Boulevard, Arcata, CA 95521

$2,638,000
Property Type: Commercial Square Footage: 2,605 Lot Size (sq. ft.): 14,810 Status: Sold
Current Price: $2,638,000 List Date: 12/16/2022 Last Modified: 9/09/2024

Description

Entered for comp purposes only. Please contact listing agent for details. Absolute Net Leased Restaurant (Carl's Jr.) with over 14-years remaining on the lease. The original term was a 20 year lease commenced on April 1, 1990. Tenant recently extended early for an additional 10 years plus remaining term of 4+ years. Located as an out-parcel to the Valley West Shopping Center on Valley West Boulevard. The property is a total of .34 acres on the southwest corner of the center. The Carl's Jr is surrounded by other retailers and several hotels (Hampton Inn, Motel 6, Best Western. Surrounding the center and the Carl's Jr are several apartment communities. Within 2 miles is Humboldt University (over 33,000 enrolled students).

More Information MLS# 263386

Property Description

Realtor.com Type: Commercial Lot Size: .25 - .49 Acres Construction Status: Existing Accessory Dwelling Unit: No Lot Acres: 0.34 Flood Zone: No List Price/SqFt: 1012.66 Sold Price/SqFt: 1012.66 Type of Property: Commercial Main House SqFt: 2605

Building Description

Year Built: 1990 # Units: 1

Location, Legal and Taxes

APN: 507-301-066

Zoning

Commercial: 1

Possession

Negotiable: 1

Square Footages

Total Building SqFt: 2605

Business

Real Estate Included: Yes

Existing Use

Other: 1

Location

Other-Spec in Remark: 1

Financing Terms

Cash: 1 Conventional: 1

Sale Includes

Land & Building: 1

Listing Information

Status: Sold List Date: 2022-12-16 List Price: $2,638,000 Current Price: $2,638,000 Sold Date: 2022-12-16 Sold Price: $2,638,000

Location Legal and Taxes

Area: North Bay House Number: 4900 Street Name: Valley West Street Suffix: Boulevard Sub-Area: Arcata State: CA Zip Code: 95521 Cross Street: Guintoli Ln

Property Features

Zoning: Commercial Existing Use: Other Location: Other-Spec in Remark Sale Includes: Land & Building Possession: Negotiable Financing Terms: Cash; Conventional
Listing Office: C.B. Commercial Pacific Partners Real Estate
IDX
Last Updated: September - 09 - 2024
Broker Attribution: pacificpartnerscommercial@gmail.com

Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) 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 for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.