Retail Space /CA /Kern County /Ridgecrest /101 W Drummond Ave
Retail Space /CA /Kern County /Ridgecrest /101 W Drummond Ave

101 W Drummond Ave - Drug Store FOR SALE


Ridgecrest, CA 93555 | 
$4,066,667 USD
310-303-9870
101 W Drummond Ave, Ridgecrest, CA for Sale
$4,066,667 USD
Drug Store - FOR SALE
1/7
null | 7.5% Cap Rate
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101 W Drummond Ave
Ridgecrest, CA 93555

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HIGHLIGHTS

  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • CORPORATE GUARANTEE FROM WALGREENS
  • LOCATED ON HARD, SIGNALIZED CORNER
  • RIDGECREST REGIONAL HOSPITAL
  • SHERMAN E. BURROUGHS HIGH SCHOOL

OVERVIEW

Pricing: $4,066,667 Cap Rate: 7.50% NOI: $305,000 Lease Expiration: 3/21/2030 Guarantee: Corporate

FOR SALE DETAILS

PRICE

$4,066,667 USD

PRICE/SF

$280 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Walgreens | Ridgecrest, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

C2

APN/PARCEL ID

067-022-09-00-4

ASK ABOUT THIS PROPERTY

Tony AndersonCBREMore Info
310-303-9870

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Tony AndersonCBREMore Info
310-303-9870

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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