About The Tenant: https://farleypavers.com/ Farley Interlocking Pavers has served the Coachella Valley and Southern California for over fifty years. Our expertise lies in designing, supplying, and installing interlocking pavers for commercial and residential projects. We have a broad range of experience with municipalities, developers, builders, HOAs, homeowners, architects, designers, pool companies, and landscapers. At Farley, our goal is to create the best possible customer experience from the moment that you decide interlocking pavers or artificial turf is something that you desire, through the design and installation period and through the enjoyment of your space thereafter! Investment Summary · Offering Price: $1,125,000 (Sale-Leaseback) · Building Size: ±2,962 SF · Lease Type: Absolute NNN / No Landlord Responsibilities · Initial Base Rent: $1.90 / SF / Month · NNN: $0.67/ SF/ Month · Annual Increases: 2% · Lease Term: 5 Years · Extension Option: One (1) Five-Year Option · Tenant: Seller (Post-Closing Leaseback) · Occupancy: 100% · Year Built: 2002 / Renovated: Renovated within the last 3 years Monthly Base Rent (Year 1): $5,627.80 Annual Base Rent (Year 1): $67,533.60 NNN Expenses: Property Taxes: $13,784 Insurance: $505 Association Dues: $5,976 Total NNN Expenses: $20,265 / yr Projected Income & Cap Rate Schedule Year Annual Cap Rate (on $1,125,000 Sale Price) Year 1 $67,533.60 6.00% Year 2 $68,884.27 6.12% Year 3 $70,261.96 6.25% Year 4 $71,667.20 6.37% Year 5 $73,100.54 6.50% Attractive Sale-Leaseback: Seller to execute a 5-year leaseback at close of escrow, providing immediate and stable income. Built-In Growth: 2% annual rent increases deliver consistent appreciation in yield through the lease term. Absolute NNN Structure: Tenant covers all operating expenses, providing hands-free ownership. Fully Renovated Asset: Modernized interior and warehouse within the past 3 years—minimal maintenance exposure. Prime Location: Near Acrisure Arena, close to retail and dining with direct I-10 access across the Coachella Valley. Over $200,000 in recent improvements, delivering a truly turn-key, like-new property. Upgrades include brand-new flooring, walls, paint, lighting, fixtures, and glass-front private offices, along with a complete kitchen build-out and modern finishes throughout. Every detail has been thoughtfully updated for functionality, comfort, and long-term durability.