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305 Gardner Field Rd 9,360 SF Retail Building Taft, CA 93268 $2,562,336 CAD ($273.75 CAD/SF) 5% Cap Rate
Executive Summary
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.
This is a rare opportunity for qualified investors to acquire recession-proof tenant with proven commitment through the entire center's relaunch.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,360 SF
Building Class
B
Year Built
2008
Price
$2,562,336 CAD
Price Per SF
$273.75 CAD
Cap Rate
5%
NOI
$128,117 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.27 AC
Zoning
GC - General Commercial
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- 9,360 SF
- -
- -
Dollar Tree began in 1986 as Only $1.00, building on a Norfolk variety-store heritage that later helped shape the business. The company focuses on discount variety retail, selling consumable, seasonal, and general merchandise such as housewares, food, health and beauty products, toys, party supplies, stationery, and crafts. After the Family Dollar sale, Dollar Tree operates as a focused North American value retailer with a large store network, a national logistics system, and an expanding multi-price assortment and online ordering options.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | 9,360 SF | - | - |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 220-290-11-00-1 | Improvements Assessment | $2,206,569 CAD |
| Land Assessment | $64,890 CAD | Total Assessment | $2,271,459 CAD |
Property Taxes
Parcel Number
220-290-11-00-1
Land Assessment
$64,890 CAD
Improvements Assessment
$2,206,569 CAD
Total Assessment
$2,271,459 CAD
1 of 2
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305 Gardner Field Rd
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