406 E. Elm Avenue

For Sale

406 E. Elm Avenue, Coalinga, CA 93210

This Coalinga property for sale is located at 406 E. Elm Avenue. The current listed sale price for 406 E. Elm Avenue is $2,127,000. 406 E. Elm Avenue is situated on a lot that is 1.3 acre in size.

Contacts

broker

Chris Cammack

Fortune Associates

(559) 490-2500

broker

Brandon D. Lamonica

Fortune Associates

(559) 490-2500

Property Details

  • Property Type Office
  • Property Size 3,264 SF
  • Lot Size 1.3 Acre
  • Year Built 2004
  • Date Updated Apr 22, 2024

The property was originally a a build to suit development for DMV and designed specifically for this specialized use. The Seller has  just renewed the lease for a ten-year term with five years firm. The new rent starts March 1, 2024 at $13,000.00 per month with five (5%) annual increases in base rent over the first two years of the lease and adjusts to three (3%) annual increases in the base rent for the remainder of the lease term. As part of the lease extension the Tenant will be expending $148,670 in improvements on updating; IT services,  building equipment, computer services, HVAC, etc. Tenant improvements are set to commence in November 2023.

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Getting around

  • 80/100

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  • 50/100

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Location

  • City Coalinga, CA
  • Neighborhood Coalinga
  • Zip Code 93210
  • Market Central Valley

Points of Interest

  • Fastrip

    0.16 miles

  • Vallero

    0.33 miles

  • Chevron

    0.54 miles

  • 76

    9.67 miles

  • Valero

    9.72 miles

  • Coalinga Mart

    9.73 miles

  • Chevron

    9.77 miles

  • Curry Mountain Trailhead

    6.61 miles

  • Cambridge Inn Motor Lodge

    0.57 miles

  • Best Western Big Country Inn

    9.87 miles

  • Motel 6 Coalinga, CA - East

    9.91 miles

  • Save Mart

    0.54 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.

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