Corporate Carl's Jr. Restaurant 1556 East Main Street, Woodland, CA Cap Rate 4.35% Central Woodland (Woodland, California, US ) Built

$2,535,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 2,909 sq. ft.
  • Development Level: Built
  • Lot Size: 0.63 acres
  • Year Built: 2010

Description

Corporate Carl's Jr. Restaurant 1556 East Main Street, Woodland, CA Cap Rate 4.35%

Cap Rate: 4.35%
NOI: $110,387
Building Size: 2,909 sqft
Lot Area: 0.63 acres
Occupancy: 100%
Class: A
Lease Type: Absolute Net
Year Built: 2010
Price Per Sqft: $871.43
Tenancy: Single
Gross Leaseable Area: 2909
Investment Strategy: Core
Lease Expire Year: 6/1/2029

Price: $2,535,000 USD

DESCRIPTION
Approximately 9 years remaining on an original 20 year corporate ground lease that is absolute NNN with attractive 12% fixed rent increases every 5 years. The location is ideal being situated at a Highway 112 on/off ramp and surrounded by 3 national branded hotels.

The city of Woodland is situated approximately 15 miles northwest of Sacramento and enjoy's a city population exceeding 60,000.

HIGHLIGHTS
• Absolute NNN corporate ground lease
• 12% fixed rent increases every 5 years
• Building is visible from both Highway 113 and Interstate 5
• Tenant has shared signage on large freeway pole sign

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#439622987
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Information is deemed to be correct but not guaranteed.