201 S China Lake Blvd - Fast Food FOR SALE


Ridgecrest, CA 93555
$2,310,000 USD
619-212-6111
201 S China Lake Blvd, Ridgecrest, CA for Sale
$2,310,000 USD
Fast Food - FOR SALE
1/2
null | 4.2% Cap Rate

201 S China Lake Blvd
Ridgecrest, CA 93555


OVERVIEW

Offered for sale is the opportunity to acquire triple net leases KFC in Kern County, California. The property consists of a 1,620 -square-foot, freestanding buildings that sit on 0.40 acres (17,424) of land. There are around 13 years remaining on the current lease term with 10% every 5 years rental increases, and four 5 years option to extend.

FOR SALE DETAILS

PRICE

$2,310,000 USD

PRICE/SF

$1,409 USD /SF

CAP RATE

4.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

PM

APN/PARCEL ID

478-102-05-00

ASK ABOUT THIS PROPERTY

Nabil SaidyRSD InvestmentsMore Info
619-212-6111

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Nabil SaidyRSD InvestmentsMore Info
619-212-6111

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