12233-12247 Woodside Ave. (Lakeside Roundup Center) is a mixed use multi-tenant retail and automotive/industrial commercial property in Lakeside California. The property consists of one (1) multi-tenant retail building (5,600 sq. ft.) and one (1) metal free-span automotive/industrial building (4,000 sq. ft.). The property is well located on Woodside Ave., one of the business commercial districts in the City of Lakeside.

• Sale Price: $2,550,000
• Annualized NOI: $159,654.96
• Cap Rate: 6.26%
• Occupancy: 100%*
• # of Buildings: 2
• # of Units: 7
• Building Size: ±9,600 SF
• Land Area: ±0.81 Acres (Lot SF: 35,284)
• APN: 394-510-04
• Year Built: 1968
• Parking Ratio: 3.0/1,000 SF
• Zoning: C36 (General Commercial)

*Leases in hand to deliver the Property to 100% occupancy

Key Features:

• Total Space: 5,600 SF multi-tenant retail building and a 4,000 SF metal free-span automotive/industrial building.
• Location: Strategically situated on Woodside Ave, one of the busiest commercial districts in Lakeside, just minutes from Downtown Lakeside.
• Lot Size: Approximately 0.81 acres (35,284 SF).
• Roofing: The retail building features a new TPO roof installed in 2020, complete with a ten-year manufacturer’s warranty.
• Parking: The parking lot has been recently restriped and resealed.
• Business Type: Auto Body Repair Business featuring a fenced storage yard with two gated drive-around access points.
• Retail Units: Comprises seven units with a diverse mix of retail tenants, including Little Miss Brewing (with nine locations in San Diego), a barber shop, and a massage spa.
• Environmental Status: Clean Phase 1 Environmental Report available.