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49870 Ca-139

Tulelake, CA 96134
  • $1,070,000
  • STATUS: Active
  • ON SITE: 90 Days
  • ID#: 24-1429
UPDATED: 67 min ago
$1,070,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,312
    SQFT
  • $201
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1972
County:

School Ratings & Info

Description

Price Reduced. Sellers motivated. Since 1972 this 2 building complex and real property has been leased to the US Forest Service as administrative office of the Doublehead Ranger District. The current lease commenced 1/1/22 and expires 12/31/2041 with present firm term ending 12/31/31. It is a full service lease with Lessor providing utilities, janitorial, and landscaping. Shell lease rates escalate 3% biennially. Present annual rental rate is $163,503.36. Cap rate is 10.00%

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IDX information © 2024 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated: 2024-07-18T09:59:27.767.

Licensed in the State of California.
www.searchshasta.com/homes/149240386
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49870 Ca-139 Tulelake, CA 96134

  • Price: $1,070,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 67 min ago
  • ID#: 24-1429
0
Beds
0
Baths
0
½ Baths
1.5
Acres
5,312
SQFT
$201
$/SQFT
1972
Built
Neighborhood:
99 - Outside Area
County:
Modoc
Area:
99 - Outside Area
Property Description
Price Reduced. Sellers motivated. Since 1972 this 2 building complex and real property has been leased to the US Forest Service as administrative office of the Doublehead Ranger District. The current lease commenced 1/1/22 and expires 12/31/2041 with present firm term ending 12/31/31. It is a full service lease with Lessor providing utilities, janitorial, and landscaping. Shell lease rates escalate 3% biennially. Present annual rental rate is $163,503.36. Cap rate is 10.00%
Exterior Features

Roof Metal

Property Features

Compensation Disclaimer The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Construction Materials Wood Siding Property Sub Type C Security Features Smoke Detector(s)

Listing provided courtesy of Gerald Bendix of Gerald Bendix: (530) 917-6600.


IDX information © 2024 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated: 2024-07-18T09:59:27.767.

Licensed in the State of California.
 
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Wise House Realty | United Realty Group
1823 Court St.
Redding CA, 96003