HIGHLIGHTS
- New, long-term 15-year absolute NNN corporate ground lease, landlord has NO responsibilities
- Brand-new freestanding building with drive-thru bays and attractive high-quality construction
- Outparcel to new shopping center, Avalon Ranch, anchored by ALDI and EOS Fitness
- Strong scheduled rent increases of 10% every 5 years through primary term and option periods
FOR SALE DETAILS
PRICE
$2,680,000 USD
PRICE/SF
$766 USD /SF
CAP RATE
4.85%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
VALVOLINE | ABSOLUTE NNN CORP GROUND LEASE
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.58 AC
LAND SF
25,265 SF
ZONING
-
APN/PARCEL ID
304-19-994A
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
602-734-7218
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
602-734-7218
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
