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1452 Mendocino Avenue, Santa Rosa, CA
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1452 Mendocino Avenue
Santa Rosa, CA 95401-4314 - Santa Rosa Ret Submarket
1.2 AC (52,272 SF)
For Sale Price:
This subject offering is an extremely rare Sonoma County net leased offering. This is the opportunity to purchase the 100% fee simple interest in a long term absolute NNN Chick-fil-A ground lease. The rare lease structure is a 20 year initial term with 10% increases every 5 years with seven 5 year renewal options and 10% increases at each option. The lease is a pure NNN and requires zero landlord responsibilities.
Chick-fil-A is the second largest quick service chicken restaurant in the country. The asset is irreplaceable real estate in Sonoma County' s principal city. The site is on one of Santa Rosa' s main commercial thoroughfares at the center of one of the city' s primary commercial trade areas. The neighborhood is highly desirable. Santa Rosa Junior College sits directly across the street from the property.
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
SVN The Kase Group
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