305 Gardner Field Rd - Convenience Store FOR SALE


Taft, CA 93268
$1,860,000 USD
619-727-2096
305 Gardner Field Rd, Taft, CA for Sale
$1,860,000 USD
Convenience Store - FOR SALE
1/1
null | 5% Cap Rate

305 Gardner Field Rd
Taft, CA 93268


HIGHLIGHTS

  • Dollar Tree, Inc. (NASDAQ: DLTR) is an investment grade (S&P: BBB) tenant with 2023 fiscal year sales of $30.6 billion.
  • Dollar Tree exercised first option proving commitment to a center that (at the time) was without a anchor
  • Subject Property now shares a center with Apples Market and Tractor Supply. Both slated to open doors early 2025
  • Taft, CA is a proven agricultural transportation corridor that is home to ±20,480 Residents Within 10-Mile Radius

OVERVIEW

CIRE Partners is pleased to present a single-tenant net leased investment offering consisting of the fee-simple interest in a Dollar Tree (the "Property" or "Asset") located in Taft, CA. The Property is a 9,360 SF on 0.27 AC operating with a corporate guaranty. The site benefits from strong real estate fundamentals, secure tenant synergy, direct visibility from highly trafficked thoroughfares, and sits directly on shopping center’s busiest ingress/egress access point This is a rare opportunity for qualified investors to acquire recession-proof tenant with proven commitment through the entire center's relaunch.

FOR SALE DETAILS

PRICE

$1,860,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

-

APN/PARCEL ID

220-290-11-00-1

ASK ABOUT THIS PROPERTY

Kian BardikalaieCIRE PartnersMore Info
619-727-2096

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

Kian BardikalaieCIRE PartnersMore Info
619-727-2096

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