160 E Antelope Ave - Drug Store FOR SALE


Woodlake, CA 93286
$3,468,000 USD
949-345-0970
160 E Antelope Ave, Woodlake, CA for Sale
$3,468,000 USD
Drug Store - FOR SALE
1/6
null | 8% Cap Rate

160 E Antelope Ave
Woodlake, CA 93286


HIGHLIGHTS

  • Upgraded Rite Aid Branding - Drive Thru Location
  • Long Term Lease - Eleven (11.2) Years Remaining
  • Triple Net (NNN) Lease - 10% Rental Increases Every 10 Years
  • Corporately Guaranteed Lease - Rite Aid Corporation
  • Only National Pharmacy in Woodlake - Open & Operating
  • Central Valley Location - 60 Minutes to Fresno

OVERVIEW

The lease structure is triple net (NNN), with zero landlord responsibilities. Tenant is responsible for maintaining, repairing, and replacing all aspects of the property, as well as all required insurances, taxes, and utilities.

FOR SALE DETAILS

PRICE

$3,468,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rite Aid | Woodlake, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

CC

APN/PARCEL ID

061-140-057-000

ASK ABOUT THIS PROPERTY

Ian SchroederCBRE, Inc.More Info
949-345-0970

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

Ian SchroederCBRE, Inc.More Info
949-345-0970

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