• 7450 Pitt School Rd, Dixon, CA 95620

For Sale

Office

For Sale

This property is available for sale
$950,000
Sale Price
  • Year Built
    1976
  • Overview

    3 PROPERTIES IN 1!!! Great Commercial Investment Opportunity in Dixon CA!!! 35 minutes away from the State Capital, Sacramento CA. This property has 3 different addresses, and 3 different APN's, with a combined lot size of around 60,000 sqft, and 10,268 sqft of living area according to title. There is a Junk Yard business leasing part of it for $3,000 a month. A side from that, the original owners leased certain real property, together with access and utility easements, to 2 Cellular Tower Companies, which could bring in an additional $4,000 a month, once the Both Tower leases tranfer to new Owner. One Tower lease contract ends until 2055, and the other ends until 2038. At the conclusion of the existing lease terms, both cellular tower companies have the option of automatically extending and renewing the lease contract, with one cellular company increasing their lease by 15% every 5 years. PLEASE NOTE THAT THE ORIGINAL PREVIOUS OWNER STILL HAS RIGHTS TO RECEIVE THE LEASE FROM BOTH TOWERS UNTIL 2037, IN WHICH IT WILL BE TRANSFERED TO THE NEW OWNER.

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Property Details

3 PROPERTIES IN 1!!! Great Commercial Investment Opportunity in Dixon CA!!! 35 minutes away from the State Capital, Sacramento CA. This property has 3 different addresses, and 3 different APN's, with a combined lot size of around 60,000 sqft, and 10,268 sqft of living area according to title. There is a Junk Yard business leasing part of it for $3,000 a month. A side from that, the original owners leased certain real property, together with access and utility easements, to 2 Cellular Tower Companies, which could bring in an additional $4,000 a month, once the Both Tower leases tranfer to new Owner. One Tower lease contract ends until 2055, and the other ends until 2038. At the conclusion of the existing lease terms, both cellular tower companies have the option of automatically extending and renewing the lease contract, with one cellular company increasing their lease by 15% every 5 years. PLEASE NOTE THAT THE ORIGINAL PREVIOUS OWNER STILL HAS RIGHTS TO RECEIVE THE LEASE FROM BOTH TOWERS UNTIL 2037, IN WHICH IT WILL BE TRANSFERED TO THE NEW OWNER.

  • Property Type
    Office
  • Year Built
    1976
  • Sale Price
    $950,000
  • Last updated
    Apr 23, 2021
  • Property ID
    2176207

Landlord's Sales Representative

  • Cisco Galdamez
    CENTURY 21 Plaza