After a 10-year long term, tenant just signed an additional 5-year NNN Lease, plus a 5-year option to extend, Featuring 10% Rental Increase. (Sign for Strong Successful Business).
In Addition to the 26,000 SF Building, you get an almost 4 acres of a Complete Park including Legal Basketball Court, Tennis Court, Outside Training Court, Large Swimming Pool, and a Huge Parking Lot.
Strong demographics – Average Annual Household Income above $154,000.
Excellent location – Adjacent to High Value Houses’ neighborhood, located at the hard corner of Simi Town Center Way and Erringer Road, the property features easy access and excellent visibility to daily traffic counts in excess of 31,124+ vehicles and direct access off the Ronald Reagan Freeway (Route 118) to 128,592 vehicles.
Strong Guarantor – Properties plus 2 Personal. Tenant Currently Operates 37 Crunch properties.
Potential Future Development