1375 Rocking W Dr - Storefront FOR SALE


Bishop, CA 93514
$8,500,000 USD
480-221-4221
1375 Rocking W Dr, Bishop, CA for Sale
$8,500,000 USD
Storefront - FOR SALE
1/7
null | 5.72% Cap Rate

1375 Rocking W Dr
Bishop, CA 93514


HIGHLIGHTS

  • Brand New 10-Year Lease | Options To Extend | $2.1M TI Allowance | Investment Grade (S&P: A) | Opportunity to Add EV Charging Stalls
  • NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Along Arterial Thoroughfare (17,000 VPD) | Limited Competition | Gateway to Mammoth Lakes and Eastern Sierras (2.8M Visitors)
  • Bishop Plaza (82,000+ SF) | Multiple National/Credit Tenants | Dense Retail Corridor | Strong Tenant Synergy Within Trade Area
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a recently renovated, investment grade (S&P: A), Marshalls investment property located in Bishop, California. Marshalls recently signed a brand new 10-year lease with four additional 5-year extension options, underscoring their long-term commitment to the location. Additionally, an investment of $2.1M in tenant improvements was made to create a high-quality build out, reinforcing the tenant’s strong commitment to the location. The lease is NNN with landlord responsibilities limited to roof, structure and utility lines, making this an ideal, low-management investment opportunity for a passive investor. The lease also provides the flexibility to add EV charging stations, creating a value-add opportunity that can generate supplemental income for the future investor and effectively lower their overall basis. With more than $56.36 billion in 2025 revenue, Marshalls stands as one of the nation’s leading off-price family retailers, operating over 1,235 stores across all 50 states, D.C., and Puerto Rico, as well as an online platform at Marshalls.com.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

5.72%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marshalls

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

137

LAND DETAILS

LAND ACRES

2.76 AC

LAND SF

120,226 SF

ZONING

C-1

APN/PARCEL ID

010-301-18

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.