Overview

Description

2822 F Street - Bakersfield, California - $4,700,000 - 7% cap rate.

Cushman & Wakefield Pacific is offering for purchase a Single Tenant NNN leased investment. The property has a brand new 15-year triple net (NNN) lease from May 2107. The lease has annual 2.5% increases built into the lease and will provide for management fee’s to be included in the NNN expenses.

The property is located in fast growing Bakersfield, California.
The property is offered to the market debt free thereby allowing the purchaser to acquire a new purchase money loan for the properties. The seller is motivated to look at all offers.
Please see attached Offering Memorandum for more details. The tenant has been in business for over 30 year with 18 locations, over $50 Million in annual sales with virtually no Debt.

Highlights

• 15 Year NNN Debt Free
• Strategic Location
• Great Street Visibility
• Great 30 year old company with 18 locations

Documents

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