740 W Rancho Vista Blvd - Supermarket FOR SALE
Palmdale, CA 93551 |
740 W Rancho Vista Blvd
Palmdale, CA 93551
HIGHLIGHTS
- Just Under 15 Years Remaining on an Initial 20 Year Absolute NNN Ground Lease
- New Construction at One of the Best Intersections in the Antelope Valley
- A+ Location in the Antelope Valley | Immediate Access to State Route 138
- Best in Class Tenant and Guarantor -- ALDI is a Leading Global Discount Supermarket Chain With Estimated Revenue Exceeding $58 Billion USD
- Incredible Development and Growth in Multiple Projects Surrounding the Property and Trade Area
- Favorable Rental Increase Structure - 8 Percent Rental Increases Every Five Years
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
ALDI Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
17750
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
3003-001-071
