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400 Sq Ft of Space For Sale or Lease:AM RADIO STATION CA-Sale, Lease, Trade, Partner 572 Omar St Banning, California, 92220 United States |
| Price $ | 1000000 |
| Cap Rate | 0% |
| Commision Split | 4% |
| Lease Type: | Negotiable |
| Min Lease Rate: | 1200 |
| Max Lease Rate: | 3000 |
| Taxes & Operating Expenses: | 0 |
| Min Lease Rate: | 1200 |
| Minimum Lease Term |
| Description: | AM Radio Station- for sale, lease,trade or partner. $1.0M 250k existing private loan Land- 4.72 Acres also for sale, lease or trade. $ 1.9M own free & clear We will also lease the radio station land to station buyer for taxes & assessments only for 5 years or sell the land to them. Any Trades must be owned free & clear.
We are flexible so give us an offer! Owner wants to retire. The existing manager has been there for 10 years & wants to stay. He has been in the business for 30 years. We represent an AM radio station in the Inland Empire with a "smart talk" format. This Inland Empire, CA-based AM station is mid-dial "Smart" Talk Radio format. The station has a 1kw (1000-watt), Fulltime Day/Night Class C License and is listed in the most recent Arbitron Book. The station services much and most of the greater Inland Empire area including Banning, Big Bear Lake, Perris, and Murrieta. The signal also reaches Temecula, Plam Springs, and Desert Hot Springs. The station can be easily relocated. The local listener base is over 1,500,000 local/regional residents, with a potential expanded audience of between 41 and 48 million annually. The station is located on the vital I-10 corridor, linking the L.A., Las Vegas, Orange County, and San Diego key markets. The station profits significantly from selling 30 minute advertiserals and radiomercials to companies throughout the U.S. The station has renewable, no-cost contracts with the Los Angeles Kings, Dodgers, and Lakers to broadcast games. Additionally, there is a contract with Talk Radio Network for programming as well as numerous shorter-term contracts with local, regional, and independent shows across the nation. The station has all the equipment of a modern radio station and production facility and is prepared for a full catalog of production services and has both in-house editing and script writing. The sale includes the complete FF&E, which includes all computer and studio equipment used for production, transmitting/receiving equipments, and all office equipment and fixtures. In addition to the local listenership and the abundance of tourist destination in the Inland Empire, including resorts and golf courses, there is a larger opportunity and growth outlook. |
| Highlights: |
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| Space Availability | Available within 30 days |
| Space Available Sq Ft | 400 |
| Min Divisible Sq Ft | 400 |
| Max Contiguous Sq Ft | 400 |
| Is This a Sub Lease | No |
| Primary Contact | Holly Bolling |
| Company Name | Coldwater Capital Inc |
| Phone | 949-228-3296 |
| NationalLeadAlliance@gmail.com |
| Posted By | Holly Bolling |
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