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Countryside Dr. & Tuolumne Road - Monte Vista Crossings South, Turlock, CA

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Countryside Dr. & Tuolumne Road - Monte Vista Crossings South

Turlock, CA 95380 - Turlock/SW Stanislaus Submarket

(1.0 MB)

Property Type:Retail Sub Type:- Status:Under Construction, delivers March 2017 Year Built:2017
Building Size:15,000 SF Land Area:1.58 AC (68,999 SF)
For Sale Price:$2,676,190 Price/SF:$178.41
Cap Rate:5.25 %

Sale Notes:
The Kase Group is pleased to present a brand new 15 year net leased The Habit Burger Grill (NASDAQ:HABT). There are scheduled increases within the initial term and during the two 5-year options.

The Habit Burger Grill boasts 147 locations with a market cap of $407.74 million. This newly constructed property is set to deliver to the tenant in March 2017 with an opening in May 2017. The site will include 31 parking spaces. The Turlock/Modesto submarket is one of the fastest growing MSA' s in California with population growing steadily since 1970. This is a rare opportunity to own an excellent net lease deal with minimal landlord obligations.

SVN The Kase Group
Jacob Abusharkh
(925) 231-1770

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