5-Bay Auto Repair Facility – Turlock 210 S Center St Local commercial 462 m² À vendre Turlock, CA 95380 755 011 € (1 633,54 €/m²) Taux de capitalisation 4,07 %

210 S. Center St. offers a rare opportunity to acquire a proven automotive service location in the heart of Turlock’s established auto corridor. The ±4,975 SF building features five drive-in bays, pylon signage, excellent visibility, and immediate access to Golden State Blvd and Hwy 99.
A long-term tenant has occupied the property since 2005 and is currently $4250. month-to-month, providing both income stability and flexibility for an owner-user or investor looking to reposition the asset. Market rent in the Turlock auto-service sector averages $15.47/SF NNN, creating a clear path to value-add upside through lease restructuring or re-tenanting.
Surrounded by national and regional auto repair, tire, and service operators, this property sits in a high-traffic zone with 15,900+ vehicles per day, strong daytime employment, and excellent demographics supportive of high-volume automotive service.
Investment Overview:
* Monthly Rent: $4250
*Annual Gross Income: $51,000
*In-Place NOI: $35,526
*Market NOI: ~$61,000
*Potential Cap Rate: ~7% at market rent
*Tenant: Long-term, since 2007, on month to month tenancy
Trade Area and Demographics:
Very high transportation & auto-related spending
*$45.7M/yr transportation spending
*$5.76M/yr automotive repair spending
*$26.15M/yr on Auto Repair in the 3-mile radius
*1,043 businesses & 9,148 employees (creating mid-day service demand)
*64.46% renter-occupied households (higher vehicle wear + consistent Demand)
*Median household income: $50,215 (1 mile)