1650 Highway 46 - Freestanding FOR SALE


Wasco, CA 93280
$8,725,000 USD
844-585-7684
1650 Highway 46, Wasco, CA for Sale
$8,725,000 USD
Freestanding - FOR SALE
1/4
null | 5.65% Cap Rate

1650 Highway 46
Wasco, CA 93280


HIGHLIGHTS

  • Available for Sale Separately or Together
  • Brand-New Construction; Two Separate Stand-Alone Buildings
  • Corporate Grocery Outlet (NASDAQ: GO): New 15-year lease;10% increases every 5 years
  • Corporate Oil Changers: New 15-year lease; 10% increases every 5 years
  • Wasco is Within the Logistics Hub of Central California and the Entire Western Region
  • High-Growth Trade Area: 12.74% population growth from 2010 to 2020 within a 3-mile radius

OVERVIEW

New 15-Year NNN Corporate Leases | Only Grocery Outlet in a 22-Mile Radius | Two Separate Stand-Alone, Single-Tenant Buildings | Available for Sale Separately or Together

FOR SALE DETAILS

PRICE

$8,725,000 USD

PRICE/SF

$472 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grocery Outlet & Oil Changers | Wasco, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

3.15 AC

LAND SF

137,214 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Bill AsherHanley Investment GroupMore Info
844-585-7684

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Bill AsherHanley Investment GroupMore Info
844-585-7684

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