Friday, December 19, 2014

California Single Tenant Grocery Store | Corporate Guarantee | 7.5% Increases Every 5 Years


Investment Highlights

Price: $5,000,000 - CAP Rate: 5.75%

  • New 20 Year Lease
  • Rare absolute NNN Lease
  • Corporate Guarantee From Smart & Final LLC
  • Rent Escalations of 7.5% Every 5 Years
  • Bakersfield MSA - Home to 839,361 Residents
  • 44% Population Growth from 2000 to 2014
  • Direct Street Frontage Along High Street and Inyo Street
  • Renovated in 2014 and Serving the Community for Over 35 Years
  • Located One-Half Mile From California Route 99, a Highly-Trafficked North-South State Highway Connecting Bakersfield to Sacramento 



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