1098 ENCHANTED WAY, Simi Valley, CA 93065 - Property for Sale
Available For Sale - Retail
0 SF
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Show Pricing $
AVAILABILITY DETAILS
- Size
- 0 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA541201
- Notes
- Well-seasoned ground lease with 5 years remaining on the initial 20 year term with 3 Five-year Option(s) to extend. 15% rent increase due 1/2028 with 10% increase(s) every 5 years thereafter. Absolute NNN ground lease. Operated and personally guaranteed by a strong 32 unit Franchisee (9 Del Tacos and 23 Papa Johns). This location has the highest income of the 4 Del Taco locations in Simi Valley.
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Gary Seaton, NAI Capital
Gary Seaton, NAI Capital
