5530 Dusnmuir AVE # Dunsmuir, CA 96025
UPDATED:  
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850000
/mo

-1Bed

-1Bath

4851SqFt

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Key Details

Property Type: Commercial

Sub Type: Retail

Listing Status: Active Under Contract

Purchase Type: For Sale

Square Footage: 4,851 sqft

Price per Sqft: $175

Lot Size: 0.262 Acres

MLS Listing ID: SP21011019

HOA Y/N: No

Property Description

The property is a 4,851 square foot, one story, single tenant U.S. Postal Facility that providesa solid long term investment with a stable high credit tenant. Great Investment and superb demographics for the tenant type, leased by the USPS. Taxes, utilities, and interior maintenance are the USPS's responsibility. The property is leased irrevocably through March 31, 2023 at $58,212 with a 10% increase to $61,123 kick in on 4/1/23 to 3//31/28. Based onthe location and the level of the Post Office renewals and rent increases are almost certain to be renewed for many decades to come



* USPS Leased Facility - High Return
• Full Time Post Office, 4 City Routes and over 200 Rental Boxes
• One Story brick/block building
• Good stable city in Siskiyou County, population, and location, great demographics for very long term duration for USPS
• If financed, financing available provides a 7.91% cash on cash and a handsome IRR of 18.29%

Location

State: CA

County: Siskiyou

Interior

Laundry: None

Building

Lot Description: 0-1 Unit/Acre

Water: Public

Others

Special Sale: Standard

Lease Land: No

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    John Hunter

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