AVAILABILITY DETAILS
- Size
- 1,467 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA559134
- Notes
- SVN is pleased to offer the opportunity for investors to acquire a stable, NNN, single-tenant investment leased to Avis Rent-A-Car. Priced at $871,000, equating to a 7% cap. rate on in-place income.
AVIS Budget Group (NASDAQ: CAR) is a Publicly Traded Corporation with a market capitalization of $3.2 Billion and over 600,000 vehicles in their fleet.
The 5-Year NNN lease with annual CPI increases renews on January 1st, 2025.
Aggressively priced to sell in today’s market at competitive pricing. This is an attractive opportunity in the West San Gabriel Valley market. It is located within The Garfield Center, a multi-tenanted, medical office condominium building in Alhambra, CA.
- Uses
- Office
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
Catherine House CRE CCIM FRICS, SVN | Capital West Partners
BRE# 01327824