This prime commercial building represents an exceptional investment opportunity in Portola's established business corridor along Highway 70. The property features a strategically positioned structure with excellent visibility and consistent daily traffic exposure, making it ideal for various commercial applications.
The building is currently occupied under a five-year modified triple net lease agreement, providing immediate cash flow and tenant stability for prospective investors. This lease structure ensures predictable returns while minimizing landlord operational responsibilities.
Located within Portola's core commercial district, the property offers versatility for multiple business categories including professional services, medical practices, retail operations, and public agencies. The building's positioning on Highway 70 provides exceptional exposure and accessibility for businesses requiring high visibility and customer convenience.
The property sits on a generous one-third acre parcel, featuring ample on-site parking with potential for additional parking development on remaining undeveloped land. This expansion capability adds significant value for future tenant requirements or property enhancement opportunities.
Key Investment Highlights:
• Established tenant with five-year lease term in place
• Modified NNN lease structure providing stable returns
• Prime Highway 70 location with high traffic visibility
• Versatile commercial space suitable for multiple business types
• Substantial parking capacity with expansion potential
• One-third acre lot providing future development opportunities
• Core commercial district location in established market
This turnkey investment property offers immediate income generation combined with long-term appreciation potential. The established tenant relationship and favorable lease terms provide stability while the prime location ensures continued demand and value retention.
Prospective buyers are advised that the property is tenant-occupied and viewings must be coordinated through the listing agent to respect current occupancy arrangements.
Ad#:2363261
