Retail Space /CA /Kern County /Ridgecrest /850 S China Lake Blvd
Retail Space /CA /Kern County /Ridgecrest /850 S China Lake Blvd

850 S China Lake Blvd - Freestanding FOR SALE


Ridgecrest, CA 93555 | 
$3,908,000 USD
661-631-3807
850 S China Lake Blvd, Ridgecrest, CA for Sale
$3,908,000 USD
Freestanding - FOR SALE
1/3
null | 5% Cap Rate
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850 S China Lake Blvd
Ridgecrest, CA 93555

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HIGHLIGHTS

  • New 10 and 15 Year Mike's and Habit Corporate Leases | Revenues Over $974 M (Jersey Mikes) and $402 M (Habit) | Market Cap Over $290 M (Habit).
  • NNN | Fee Simple Ownership | Limited Landlord Responsibilities.
  • Strong Market and Demographics.
  • Ideal, minimal-management investment for a passive investor.

OVERVIEW

Two Tenant NNN Lease Investment Opportunity at Oasis Shopping Center. The Habit - Building 100: +/-2,800 SF Jersey Mikes - Building 110: +/-1,200 SF

FOR SALE DETAILS

PRICE

$3,908,000 USD

PRICE/SF

$977 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Habit Burger & Jersey Mikes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C-2

APN/PARCEL ID

080-540-04-00-3

ASK ABOUT THIS PROPERTY

JJ WoodsColliersMore Info
661-631-3807

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JJ WoodsColliersMore Info
661-631-3807

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