Overview

Description

• Brand new 20-year lease commencing at the close escrow with 4 (5-year) option periods to extend
• Features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation
• Pacific Bells Franchisee Guarantee (250+ Units)

• Located adjacent State Highway 49, a major north/south traveling thoroughfare averaging 11,400 vehicles passing by daily
• Less than two miles west of the Outlets at Orange with major tenants including the Nike Factory Store, Levi’s Outlet, Nordstrom Rack and more
• Strong tenant synergy promotes crossover shopping to the subject property

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