68815 Ramon Rd - Auto Repair FOR SALE
Cathedral City, CA 92234 |
68815 Ramon Rd
Cathedral City, CA 92234
HIGHLIGHTS
- Over 6 years Remaining on Modified NNN – Fee Simple Lease with minimal Landlord Responsibilities
- Essential Use – Pandemic & Recession Resistant - Excellent 1031 Exchange Property – Low Price Point
- Attractive 2% Annual Increases – Healthy Hedge Against Inflation Strong 520+ Unit National Operator with TEAM CAR CARE, LLC
- Hard Corner Location with over 36,000 Cars Per Day with Excellent Visibility
- Prominent Retail Corridor – Large National Credit/Tenant Presence
- Strong Affluent Population of 114,180 People in 5-Mile Trade Area with an Average Household Income of $91,000
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Jiffy Lube - 520+ Unit Operator NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
2800
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
8
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
680-282-040
