AVAILABILITY DETAILS
- Size
- 7,000 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA555177
- Notes
- Total Building Size: ±7,000 SF
Total Land Area: ±0.63 Acres
Year Built: 2021
Number of Tenants: Four (4)
Building Signage: Yes All Tenants
Freeway Pylon Sign: Possible
Lease Type: True Triple Net (NNN)
Annual Rent Increase: 3%
Personal Guarantee’s: Yes All Four (4) Tenant
Occupancy: 100%
Net Operating Income: $227,550
Purchase Price: $4,200,000
Cap Rate: 5.4%
- New Construction
- Freeway 210 Frontage
- Dynamic Retail Trade Area
- Adjacent McDonalds + Union 76 Service Station
- Across Freeway from Major ±430,000 SF Renaissance Marketplace Retail Development
- Good Demographics
- Multi-Tenant Investment Allowing for Investor to Lower Risk and Capitalize on Future Rent Increases
- Freeway Pylon Sign Location Possible (Locations Available For Purchase)
- Passive Investor Friendly Investment
- True Triple Net (NNN) Leases
- Growing Population Base with thousands (1000’s) of Nearby Housing Units in Devleopment/Planning
- 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
Greg Martin, Lee & Associates
BRE# 1001749