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6076 - 6090 Thornton Avenue
Newark, CA 94560
Asking Price
$4.45M
Asset Type
Commercial Office
Class
Class B
What's Special
Office <ul><li>High visibility signalized corner</li><li> Directly across from the Newark City Hall, Library and Police Station</li><li> 35’- 50’ height limit for CO zoned land</li><li> Allowed uses include medical, dental, professional office, banks, residential…</li><li> Prime central Newark location</li><li> Over 30,000 VPD at the corner of Thornton & Newark Boulevard</li><li>Land Size: ±34,450 Square Feet</li><li>Zoning: 6090 Thornton Ave PO Zone (Professional Office & High Density Resident
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NOI
$80,000
Cap Rate
1.80%
DSCR
0.30
Underwater
Cash-on-Cash
-13.80%
Monthly Payment
$22,026.067
Annual Cash Flow
$-184,312.803
