13950 Springdale St - Auto Dealership FOR SALE


Westminster, CA 92683
$15,886,546 USD
332-345-4222
13950 Springdale St, Westminster, CA for Sale
$15,886,546 USD
Auto Dealership - FOR SALE
1/3
null | 6.75% Cap Rate

13950 Springdale St
Westminster, CA 92683


HIGHLIGHTS

  • Long-Term Triple-Net (NNN) Lease
  • Strong Corporate Guarantee | This lease is subject to a strong corporate guarantee from Carvana, LLC (40+ Units).
  • Attractive Rental Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Carvana located at 13950 Springdale St, Westminster, CA 92683. The site consists of roughly 7,918 rentable square feet of building space on an estimated 1.86-acre parcel of land. This Carvana is subject to a -year Triple Net (NNN) lease, which commenced. The current annual rent is $1,072,342 and has scheduled increases of lesser of 9.61% or 1.25x 5-yr cpi every 5 yrs

FOR SALE DETAILS

PRICE

$15,886,546 USD

PRICE/SF

$2,006 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carvana

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

C-2

APN/PARCEL ID

203-314-02

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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