SELF STORAGE BUILDING FOR SALE

For Sale

13300 E Highway 20, Clearlake Oaks, CA 95423

This Clearlake Oaks property for sale is located at 13300 E Highway 20. The current listed sale price for SELF STORAGE BUILDING FOR SALE is $1,357,680. SELF STORAGE BUILDING FOR SALE is situated on a lot that is 412,513 square feet in size.

Contacts

broker

Ray Devlin

Colliers

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Lot Size 412,513 SF
  • Additional Rent Contact for pricing
  • Parking Ratio 3.50 / 1,000 SF
  • Year Built 1978
  • Date Updated Nov 20, 2024
Colliers’ de Jong | Becher Self Storage Team has been retained as the exclusive advisor by the ownership to offer for sale the property located at 13300 E Highway 20, Clearlake Oaks, CA 95423. The property is fully stabilized retail and selfstorage asset built from 1976 - 1981 with a combined total of 93,070 net rentable square feet in 476 units/spaces. This owner managed facility will be delivered on an as-is, whereis basis and has consistently maintained +/- 97% occupancy at a weighted average rental rate of $0.89/SF. Very limited competition in the area with zero competitors within 4-miles of the subject property. In-place income for the first six months of 2022 were reported by the ownership at $335,203 for an annualized NOI estimate of $670,406. The property is offered for sale with a suggested price of $11,200,000 or a 5.8% CAP rate on projected year one NOI of $648,740.

Sale Note
Investment Opportunity in Clearlake Oaks. Investment highlights include internet resistant tenants, various lease expiration dates, and no tenants in default.

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Attachments

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Location

  • City Clearlake Oaks, CA
  • Zip Code 95423

Points of Interest

  • Chevron

    0.07 miles

  • Speedway

    5.51 miles

  • Riviera Gas Station

    6.29 miles

  • Kit's Corner

    7.93 miles

  • Northern Pacific

    8.46 miles

  • Happy Garden Restaurant & Bar

    0.12 miles

  • Cecil's Pizza

    4.67 miles

  • Cabos Méxican Restaurant

    4.67 miles

  • Gaytan Family Market

    4.70 miles

  • Main Street Bar & Grill

    4.72 miles

  • Highlands Food Park

    5.25 miles

  • Tequila's Mexican Grill and Bar

    5.49 miles

  • Laguna Mexican Restaurant

    5.50 miles

  • Subway

    5.51 miles

  • Magic Wok

    5.52 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ray Devlin

Colliers