10232-10234 Glenoaks Blvd

Pacoima, CA 91331

• NNN Property
• Industrial for Sale
• $20,084,386 CAD
• 33,458 SF

• Air Conditioning
• Security System
• 24 Hour Access
• Controlled Access
• Wheelchair Accessible
• Smoke Detector

Pacoima Industrial for Sale - Eastern SFV

For The subject property located at 10232 Glenoaks Boulevard, in the City of Pacoima, is legally described by the assessor’s parcel number: 2528-007-019. According to the Los Angeles County, Office of the Assessor, the subject site is an approximately 2.538 acres lot. There are five (5) associated addresses with this parcel: 10232, 10234, 10238, 10240, and 10248 Glenoaks Boulevard. The subject property is currently occupied by “United Rentals”. The subject property consists of one (1) single-story industrial building. Onsite operations consists of equipment rental and motor repair. In addition to the current structure, the subject property is also improved with an asphalt paved parking and vehicle storage lot. A vehicle washing area was observed on the northwest side of the subject building. According to available historical sources, prior to 1954, the subject property was occupied by residential buildings. From 1967 to 2018, the subject property has been occupied by an industrial building. The immediately surrounding properties consist of industrial development (“FedEx Freight” / 11911 Branford Street) to the north; commercial and industrial developments (Commercial and Industrial / 10235-10267 Glenoaks Boulevard) to the south across Glenoaks Boulevard; commercial / industrial development (10202-10228 Glenoaks Boulevard) to the east; and industrial development (“CA Signs” / 10280 Glenoaks Boulevard) to the west. The adjoining property to the North is listed in the HMIRS, PCS, RCRA-G, HWIS, and UST regulatory database. Based upon information provided by the LACDPW Hydrologic Records Section, the nearest municipal production well is located half a mile to the southwest of the site and is owned by the LADWP (LACDPW #4905K). The well is active, and had a reported depth to groundwater of 251 feet bgs (LACDPW, 2007). Existing Tenant paying $473,550 yearly + ABSOLUTE NNN w/2.5% increases every year. Lease Ends Jan 31, 2029.

Contact:

Rodeo Realty Inc

Property Subtype:

Warehouse

Date on Market:

2024-08-14

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The Learning Experience - 6150 Commerce Blvd

Rohnert Park, CA 94928

• NNN Property
• Retail for Sale
• $8,633,516 CAD
• 10,000 SF

Rohnert Park Retail for Sale - Petaluma/Cotati/Rohnert

Dan Gluhaich at Intero proudly presents The Learning Experience at 6150 Commerce Boulevard for sale in Rohnert Park, California. This daycare center, built in 2018, is 10,000 square feet on a 1.31-acre parcel. It is a perfect opportunity for a triple net (NNN) investment with minimal landlord responsibilities. There are seven years remaining on the lease with two five-year options to extend, with 12% increases for both terms. There is also a 12% increase in ~2 years. The Learning Experience is the nation's fastest-growing and number-one childcare franchise, boasting over 75 years of experience in the childcare industry, with over 600 locations open or under development. 6150 Commerce Boulevard is situated blocks from the well-traveled corner of Rohnert Park Expressway and Commerce Boulevard, frequented by over 78,674 vehicles daily. Centrally located off Rohnert Park's retail corridor, this establishment is neighbored by many retail, service, dining, and lodging amenities. Multiple elementary schools surround the property for children to graduate into, including Monte Vista, John Reed, Evergreen, Marguerite Hath, Richard Crane, and the University Elementary School at La Fiesta. 6150 Commerce Boulevard presents an exceptional investment opportunity in a prime location, backed by a trusted tenant and strong community appeal.

Contact:

Intero Real Estate Svc

Property Subtype:

Day Care Center

Date on Market:

2024-07-29

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3681-3683 5th Ave

San Diego, CA 92103

• NNN Property
• Retail for Sale
• $3,594,412 CAD
• 3,214 SF

San Diego Retail for Sale - Uptown West/Park West

Monthly Rent: $8,101.00 + NNN Annual Rent: $97,212 Price PSF: $825 Structure / $521 Land Only Current Lease Term: Month-to-Month Tenancy: Single Tenant NNN, 100% Occupied

Contact:

Pacific Coast Commercial

Property Subtype:

Storefront

Date on Market:

2024-07-17

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RAISING CANE'S w/ DR-THRU | 15YR NNN GOUND - 5795 Bickett St

Huntington Park, CA 90255

• NNN Property
• Retail for Sale
• $11,234,944 CAD
• 3,180 SF

• Air Conditioning
• Restaurant
• Wheelchair Accessible
• Smoke Detector

Huntington Park Retail for Sale - Mid-Cities

Los Angeles Trophy Location - Generational Opportunity | Pad to Brand New Construction Target | Signalized Hard Corner | Directly Across Top 2% Most Visited Home Depot | Extremely Dense Los Angeles Submarket | Brand New 2024 Construction

Contact:

The Mansour Group of Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2024-07-16

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Yukon Square - 3560-3596 Redondo Beach Blvd

Torrance, CA 90504

• NNN Property
• Retail for Sale
• $14,543,866 CAD
• 21,985 SF

Torrance Retail for Sale - Hawthorne/Gardena

Great opportunity to own a Community Retail Center with 16 Tenants that are all on NNN Leases with 2 additional passive income generated by T-Mobile Wireless Antenna and Glacier Water Kiosk. The excellent retail location is anchored by 7-Eleven that has a Corporate-Guaranteed NNN Lease. It is situated on a signalized, hard corner at the intersection of Yukon Avenue and Redondo Beach Boulevard. In addition, the traffic counts exceeds 35,000 cars per day and is in close proximity to the 405 freeway. The property has undergone recent capital improvements including Facade Upgrades, LED Lighting, Parking Lot Resurfacing and Tenant Sign Renovations.

Contact:

Masters Realty

Property Subtype:

Storefront

Date on Market:

2024-06-04

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2027-2029 Market St

San Francisco, CA 94114

• NNN Property
• Office/Retail for Sale
• $6,856,394 CAD
• 5,000 SF
• 1 Unit Available

• 24 Hour Access
• Controlled Access
• Kitchen
• Smoke Detector

San Francisco Multifamily for Sale - Mission/Potrero

Upper Market Investment Opportunity in SF. Fully leased, 5000 square foot commercial condo leased to an industry leading cannabis dispensary, Apothecarium SF. This ground floor commercial condo is fully remodeled with high end interior finishes, and is accessed directly off of Market St. with full ADA accessibility. With a newly signed absolute NNN lease extension, and multiple extensions in place, this is a stable investment opportunity. Included in the lease are base rent escalations and a minimum percentage rent kicker that provides above market rents and additional upside.

Contact:

W Commercial

Property Subtype:

Apartment

Date on Market:

2024-05-29

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Velvet Building Napa - 2441-2449 2nd St

Napa, CA 94559

• NNN Property
• Retail for Sale
• $7,479,702 CAD
• 5,140 SF

Napa Retail for Sale - Napa County

Fully Leased Building on a NNN basis in World Famous Napa Valley boasting 3.5 million vistors per year. 3% escalations every year with options through 2038. Operating as Napa's #1 Cannabis Shop with over 70,000 visits annually among a limited set of permitted retailers. The Building was fully renovated and updated in 2018 converting a former industrial space to the retail space with Highway 29 Exposure at the main Downtown Napa exit.

Contact:

Cushman & Wakefield

Property Subtype:

Storefront

Date on Market:

2024-05-28

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1919 Peabody Rd

Vacaville, CA 95687

• NNN Property
• Retail for Sale
• $1,731,413 CAD
• 4,620 SF

• Air Conditioning

Vacaville Retail for Sale - Vacaville/Dixon

Marcus & Millichap is pleased to present 1919 Peabody Road in Vacaville, CA. This freestanding retail building measures approximately 4,620 gross square feet and is situated on a 0.53-acre parcel. The property is a pad building in a shopping center anchored by Lucky supermarket and The Learning Experience. Currently, the space is leased to Forgotten Path Games through February 2027. They have one option to renew their lease for a period of five years. Additionally, an ATM space is leased to Wells Fargo through April 2030. Their lease contains one five-year renewal option. Wells Fargo has been a long-term tenant at the property; they have used the ATM space for more than 30 years. The subject property is located at the intersection of Alamo Drive and Peabody Road. which is a four-corner retail location. In addition to Lucky and The Learning Center, co-tenants in the shopping center include Burger King, Little Caesar's Pizza, Subway, Vacaville Vet Clinic, and Dominos Pizza. Walgreens, Taco Bell, and O'Reilly Auto Parts are located across the street. The site has good access and visibility, with combined traffic counts exceeding 40,000 vehicles per day.

Contact:

Marcus & Millichap

Property Subtype:

Freestanding

Date on Market:

2024-05-27

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Ingersoll-Tutton - 826-836 5th Ave

San Diego, CA 92101

• NNN Property
• Retail for Sale
• $6,925,650 CAD
• 8,729 SF

San Diego Retail for Sale - Downtown

Marcus & Millichap is pleased to present the Gaslamp Retail Portfolio, consisting of 3 buildings on 5th Avenue in Downtown San Diego’s Gaslamp District. The portfolio consists of a Restaurant and SRO building, a Restaurant and Apartment Building, and a Restaurant and Office Building. All ground floor units are leased on NNN leases with an average rent of $5.50 per SF. 722-728 5th Avenue is home to Osteria Panevino and Asti Ristorante on the ground level, with Gaslamp Hostel occupying Floors 2 and 3. 762 5th Avenue is home to Red Ivy, a new restaurant expected to open in May 2024, and also has two floors of residentially zoned space, permitted for 8 total apartment units. 826 5th Avenue is home to Sadaf Restaurant and Casa Blanca Restaurant, and has 12 office units on the 2nd floor. The properties are available together as a portfolio as separate transactions. The portfolio is located in the heart of the Gaslamp District in Downtown San Diego. With activities for any occasion, the Gaslamp is the perfect spot for a romantic date night, birthday celebration, bachelor/bachelorette party, bar hopping, or even simply dining out with the family. With a plethora of restaurants, from quick bites to fine dining, there are endless ways to satisfy your taste no matter what you are looking for. After your meal, you can choose from a wide variety of entertainment options, including bars, clubs, cigar lounges, comedy shows, live music performances, and even rooftop escapes to avoid the crowded and busy streets. This is a one stop shop where everything is within a five minute walking distance and will surely make your night unforgettable. Come to the Gaslamp District today and experience the heart and soul of San Diego.

Contact:

Marcus & Millichap

Property Subtype:

Storefront

Date on Market:

2024-05-07

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Multi-Tenant Leased Retail Investment - 421 S Cloverdale Blvd

Cloverdale, CA 95425

• NNN Property
• Retail for Sale
• $3,255,056 CAD
• 10,896 SF

Cloverdale Retail for Sale - Healdsburg/Cloverdale/N.

Keegan & Coppin, Company is pleased to present an opportunity to acquire this quality downtown retail investment property in the highly desirable Sonoma County Wine Region. Located in central Cloverdale and near several new developments, this multi-tenant property is nearby many restaurants, cafes, and boutique shopping stores. Originally constructed in 1958 as a grocery store, the property was architecturally redesigned and professionally renovated in 2005 to feature eight (8) new tenant spaces and the recent addition of eight (8) brand new Tesla charging stations. The property is abundantly parked at over four (4) spaces per 1,000 sq ft of building area and fronts Cloverdale Boulevard providing all tenants excellent street exposure and signage visibility. • All Tenant Leases are Triple Net with Annual Increases and Expense Pass-throughs • Both En-Suite and Common Area Restrooms • North and South Parking Lots Were Recently Resealed and Striped • Coming Soon - $40 Million, 27,000+/- SF Alexander Valley Health Center directly across the street! • Seller Will Guaranty Rents for Any Vacant Units for Up to One (1) Year From Close of Escrow

Contact:

Keegan & Coppin Inc.

Property Subtype:

Freestanding

Date on Market:

2024-05-06

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2412-2414 Lombard St

San Francisco, CA 94123

• NNN Property
• Retail for Sale
• $4,917,212 CAD
• 3,513 SF

San Francisco Retail for Sale - West of Van Ness

Fully leased, Marina District mixed-use investment opportunity. The 2000+ square foot ground floor retail/commercial space is leased to an industry leading cannabis dispensary, The Apothecarium SF. Fully remodeled and updated with high quality finishes. With multiple years remaining on a NNN lease and additional extensions in place this is a very stable tenant/investment. Yearly base rent increases plus a minimum percentage rent kicker help this property achieve above market rents and CAP rate. Accessed by private entrance off of Lombard, the second floor is comprised of a 1464 square foot, 3 bedroom / 2 bath apartment with stable tenants. Own a piece of San Francisco in a premier location.

Contact:

W Commercial

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-04-25

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River Rock Plaza - 3505 Coffee Rd

Bakersfield, CA 93308

• NNN Property
• Retail for Sale
• $4,695,591 CAD
• 5,832 SF

Bakersfield Retail for Sale - Northwest Bakersfield

PRICE REDUCED!!! 3 Franchise tenants of NNN investment property for sale in Bakersfield!!! CAP rate: 5.5% PRICE: $3,390,000 Tenants: FedEx office/printing, Flame Broiler Restaurant and Dickey's Barbeque Pit Restaurant Built in year 2,008, Long term lease, Building size 5,832 sf, Lot size 27,878 sf Good price/ Good location/ Good investment/ Food opportunity/ Good for the buyer looking for 1031 exchange property!!!

Contact:

NewStar Realty & Investment

Property Subtype:

Freestanding

Date on Market:

2024-03-14

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Walgreens - 3320 Chino Hills Pky

Chino Hills, CA 91709

• NNN Property
• Retail for Sale
• $11,080,902 CAD
• 14,833 SF

• Car Charging Station

Chino Hills Retail for Sale - Chino/Chino Hills

PRICE REDUCED. Corcoran Group of California, Inc., Dan Corcoran is pleased to offer this exclusively listed Walgreens located at 3320 Chino HIlls Parkway, Chino Hills, CA 91709. This fee simple property presents an absolute net lease, ensuring zero landlord responsibilities, backed by a full investment-grade Walgreens guaranty, offering investors a hassle-free, passive income stream. With a preferred five-year option structure, this location presents robust sales volumes and stability The building is approximately 14,833 square feet on a 1.58 acre lot. There is an assumable (1/4 point assumption fee) $5,175,000 loan at 3.29% with monthly payments of $22,896.07 balloning in approximately nine years. The after payment cash flow (cash-on-cash) is $20,854 per month. Tenant maintains the property and pays all operating expenses directly. Property is strategically located on Chino Hills Pkwy (38,400 cars/day) with great exposure and visibility. It is on a signalized intersection adjacent to a large senior living complex and surrounded by affulent homes.

Contact:

Corcoran Group of California

Property Subtype:

Drug Store

Date on Market:

2024-03-11

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Target, El Monte - 3548-3610 Peck Rd

El Monte, CA 91731

• NNN Property
• Retail for Sale
• $48,856,307 CAD
• 148,834 SF

El Monte Retail for Sale - Western SGV

3548-3610 Peck Rd presents a premier investment opportunity featuring a fully leased retail property anchored by a national investment-grade tenant. This 125,974-square-foot freestanding building is situated on an 8.31-acre parcel in a densely populated, high-income trade area of El Monte, California. The property offers a passive, long-term investment with a strong tenant covenant and a 5% capitalization rate. It is strategically located at a signalized intersection with excellent visibility and access, supported by robust area demographics and a thriving retail corridor. The site includes 300 surface parking spaces, providing a ratio of 2.38 spaces per 1,000 square feet, and benefits from prominent pylon signage. With its combination of stable income, prime location, and strong market fundamentals, this asset is an ideal acquisition for investors seeking a secure, income-producing property in the Los Angeles metropolitan area

Contact:

Newmark

Property Subtype:

Freestanding

Date on Market:

2024-02-26

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Alessandro Centre - 73550 Alessandro Dr

Palm Desert, CA 92260

• NNN Property
• Office for Sale
• $3,047,286 CAD
• 10,918 SF

• Air Conditioning
• Natural Light
• Drop Ceiling
• 24 Hour Access
• Conferencing Facility
• Controlled Access

Palm Desert Office for Sale - Coachella Valley

Great office building with new parking with solar panels over the parking area. 2 story building almost fully occupied. Currently two ground floor suites totally approx. 5600 sq.ft. will be available for lease in October 2026. Suite 1 3434 sq. ft, Suite 2 2295 sq.ft. Remodeled and spacious main entry with person elevator/carrier.

Contact:

Green Properties

Date on Market:

2024-02-09

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6588 Foothill Blvd

Tujunga, CA 91042

• NNN Property
• Retail for Sale
• $16,102,137 CAD
• 14,745 SF

Tujunga Retail for Sale - Eastern SFV

Specialized Realty proudly presents the opportunity to purchase a single tenant retail asset leased by CVS Pharmacy in the prominent Tujunga Canyon Center in the heart of Tujunga, California. 6588 Foothill Blvd. is a single-tenant, absolute NNN lease with a corporate guaranty and almost zero landlord obligations in a center with well-established national tenants. The current lease has 4 years remaining (expiring March 2028) with four (4) five (5) year renewal options. Current NOI - $551,911.92 Cap Rate – 4.75% Increases – 10% every five years throughout the option periods starting in 2028, 2033, 2038, and 2043 Price per /SF - $788.40 CVS Pharmacy w/ drive-thru is the anchor tenant occupying 14,745 SF on a 1.65 acre parcel zoned LAC2 (APN 2564-012-039) in a center featuring several national retailers which include McDonald's, IHOP, WINGSTOP, and Dollar Tree. Nearby national and regional major retailers include In-N-Out, Public Storage, PetSmart, Chase, Chevron, 7-Eleven, Albertsons, Harbor Freight, Big 5, and Smart & Final. The subject benefits from its location on the major thoroughfare running from Sunland to La Canada at the signalized intersection of Tujunga Canyon and Foothill Blvd. with exposure to over 33,000 vehicles per day. The asset is located within a diverse retail landscape & affluent demographic with a median household income over $92,000 within a 3-mile radius.

Contact:

Specialized Realty, Inc.

Property Subtype:

Drug Store

Date on Market:

2024-02-06

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13844 Imperial Hwy

La Mirada, CA 90638

• NNN Property
• Retail for Sale
• $1,766,041 CAD
• 2,793 SF

• 24 Hour Access
• Restaurant

La Mirada Retail for Sale - Southeast Los Angeles

INVESTMENT HIGHLIGHTS • Major Price Reduction • Freestanding Single-Tenant NNN Leased Investment • Quick Service Fast Food with Drive Through • Investment is Priced on Land-Value at $56 PLSF • In-Place Rents in Place are Below Market • 10+ Years of In-Place Tenancy • Fee Simple Ownership • Minimal Landlord Responsibilities • First Time on Market for Sale in Generations • Traffic Counts in Excess of 28,000+ Cars Per Day DO NOT DISTURB TENANT, Contact agent for more information.

Contact:

Lee & Associates

Property Subtype:

Fast Food

Date on Market:

2024-01-08

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Tahoe Boat Shop and Business - 1630 Shop St

South Lake Tahoe, CA 96150

• NNN Property
• Retail for Sale
• $4,501,673 CAD
• 6,500 SF

South Lake Tahoe Retail for Sale - Outer El Dorado County

Existing business with real estate - Thirty plus years of marine business history in South Lake Tahoe; operating in this location since 2009 when the owner designed this state of the art property from the ground up to meet specific needs for a marine repair shop with many applicable features including a 4,000 sq. ft. warehouse with 800 sq. ft. of office, a 2,500 sq. ft. veranda closed on two sides within a fenced yard; situated on a +/-half acre parcel. Property includes a water recycling system, ceiling beams for electric hoists in building and veranda, and a solar box to be solar ready. The property exceeds TRPA standards with all BMP's installed. The warehouse has floor drains which go to underground water/oil separating tanks. Also, a complete fire suppression system with sprinklers throughout the building. All ADA requirements are met. This full-service marine business has a large client base which includes approximately seventy (70) storage customers. Annual tourism to South Lake Tahoe swells over 3 million visitors a year. Business is buoyed by the proximity of the Tahoe Keys Neighborhood which is a 740-acre private marina community laced with eleven miles of inland waterways and +/-1,500 homes of which most have backyard boat slips. Property Highlights ? State of the Art Facility - Marine Repair and Storage (Built in 2008) and business operating for thirty plus years. ? Full-service marine business has a large client base which includes approximately seventy (70) storage customers. ? Property includes 4,000 sf warehouse including 800 sq. ft. office and an additional 2,500 sq. ft. veranda closed on two sides. ? Four large bay doors for easy access to the warehouse ? Property is situated on a +/-1/2 acre parcel w/ fenced yard. ? Water reclamation system - in compliance with TRPA standards. ? High ceiling beams with electric hoists, and sliding pulley system for easy boat storage movement. ? Office area has a kitchenette, ADA bathroom with a washer and dryer, customer counter, parts room and storage space. ? Room for a second story above the office space. ? Annual tourism to South Lake Tahoe swells over 3 million visitors a year with a large second home population. ? Business is buoyed by the proximity of the Tahoe Keys Neighborhood which is a 740-acre private marina community laced with eleven miles of inland waterways and +/-1,500 homes of which most have backyard boat slips.

Contact:

NAI Tahoe Sierra

Property Subtype:

Freestanding

Date on Market:

2023-10-30

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7-Eleven | 12+yrs Remain Corp Abs NNN - 8048 W Highway 12

Valley Springs, CA 95252

• NNN Property
• Retail for Sale
• $2,140,026 CAD
• 2,986 SF

Valley Springs Retail for Sale

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, investment-grade (S&P: A), freestanding, 7-Eleven investment property located in Wallace, CA (Sacramento MSA). The tenant has over 12 years of firm term remaining with 3 (5-year) option periods to extend. The lease features 7.50% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is signed by the corporate entity (S&P: A) and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. The offering features a freestanding 7-Eleven asset with 8 fueling stations. 7-Eleven is a well-recognized and established brand that franchises and/or licenses more than 78,000 stores worldwide.

Contact:

SRS National Net Lease

Property Subtype:

Freestanding

Date on Market:

2023-10-12

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Coachella Valley Community Health Center - 49869 Calhoun St

Coachella, CA 92236

• NNN Property
• Office for Sale
• $30,067,849 CAD
• 41,092 SF

• Air Conditioning
• Natural Light
• Security System
• Car Charging Station
• Reception

Coachella Office for Sale - Coachella Valley

- 41,092 SF Class A Medical Building - New Construction - Single Tenant Net Lease - Elevator Served - 10 Year Lease With 2% Annual Increases - First Class Tenant Improvements - Abundant Parking

Contact:

Desert Pacific Properties

Property Subtype:

Medical

Date on Market:

2023-09-25

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Donner Trail Professional Building - 12010 Donner Pass Rd

Truckee, CA 96161

• NNN Property
• Office for Sale
• $1,634,453 - $1,904,554 CAD
• 2,560 - 2,945 SF
• 2 Units Available

• Air Conditioning
• Natural Light
• Security System
• Conferencing Facility
• Kitchen
• Reception

Truckee Office for Sale

Prime location on the Downtown Truckee business corridor offering high visibility/frontage on busy Donner Pass Road. This office suite has just been remodeled and is beautifully appointed. Commercial center parking for 45 cars, surrounded by 1.43 acres of common area.

Contact:

Sierra Sotheby's International Realty

Date on Market:

2024-08-17

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New Trophy LA County 15 Yr. NNN 7 Eleven - 7 Eleven Store

Long Beach, CA 90805

• NNN Property
• Retail for Sale
• $8,019,903 CAD
• 3,010 SF

• Air Conditioning
• Wheelchair Accessible

Long Beach Retail for Sale - Mid-Cities

The Snyder Carlton National Net Lease Team is pleased to offer to investors a rare opportunity to purchase a newly constructed absolute NNN 7-Eleven in Long Beach, CA. Long Beach is the 7th largest city in California and is part of the Los Angeles MSA which has a population exceeding 12 million. With a 15-year primary term, three 5-year option periods, 7.5% rent increases every 5 years, a corporate guarantee, and zero landlord responsibilities, this asset is ideal for a 1031 exchange or a coupon clipper desiring years of inflation resistant cash flows. 7-Eleven operates over 13,000 stores in the U.S. and Canada, over 78,000 worldwide, and has an investment grade credit rating of “A” from S&P (Moody’s: Baa2). The 3,010 SF building on 0.52-acre lot is located on the hard corner signalized intersection of Long Beach Blvd (24,300+ VPD) and E Victoria St (7,800+ VPD) and is adjacent to Interstate 710 which sees over 207,300 VPD. The subject property is strategically positioned directly between North Long Beach neighborhoods and a bustling business district which draws over 228,000 employees to over 23,400 businesses within a 5-mile radius. Numerous national retailers surround the subject property including CVS, Arco, AutoZone, O’Reilly Auto Parts, McDonald’s, Starbucks, Wendy’s, Taco Bell, Popeyes, and more. This is an excellent opportunity to acquire an absolute NNN 7-Eleven in Los Angeles with a long term lease, 15 years in option periods, rent increases, a corporate guarantee, and zero landlord responsibilities, providing years of inflation resistant cash flows.

Contact:

Colliers

Property Subtype:

Convenience

Date on Market:

2023-09-07

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2232 Encinitas Blvd

Encinitas, CA 92024

• NNN Property
• Retail for Sale
• $6,925,650 CAD
• 7,579 SF

Encinitas Retail for Sale - North Beach Cities

Located in the heart of Encinitas, California, a rare business opportunity awaits on busy Encinitas Blvd. For the first time in more than 25 years, an exceptional property is now available for sale, offering endless possibilities to savvy investors and entrepreneurs alike. Boasting a generous 7577 square feet of space on a prime 23,766 square foot parcel, this property presents an unparalleled opportunity to secure a solid foundation for any business. Currently operating as a flourishing child care and educational facility with thoughtfully designed outdoor play areas, the building stands testament to its success and excellent upkeep. The property's pristine condition eliminates the needs for extensive renovations or refurbishments. Its presence in an affluent area of North San Diego County only adds to its allure. What truly sets this site apart, however, is its strategic location with exceptional drive-by traffic, witnessing a daily count of more than 22,000 cars. This enviable exposure not only guarantees a steady stream of potential customers but also opens doors to a myriad of creative business opportunities. Current lease expires in approximately 2.5 years with a 5 year option on this NNN lease . Sale price is at a 4.5 CAP rate. Whether it be a boutique retail outlet, a high-end restaurant, or a wellness center, the property provides a blank canvas for an investor/user to create something truly unique.

Contact:

Coldwell Banker Commercial-West

Property Subtype:

Day Care Center

Date on Market:

2023-08-01

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CITIBANK NNN INVESTMENT OPPORTUNITY - 5998 El Cajon Blvd

San Diego, CA 92115

• NNN Property
• Retail for Sale
• $5,956,059 CAD
• 6,256 SF

San Diego Retail for Sale - College Area

The Franco Realty Group is proud to exclusively present for sale this single tenant NNN investment opportunity leased to Citibank. This is an excellent 1031 exchange opportunity that will provide little to no management. The current option period expires February 1, 2028 and Citibank has Three 5-Year Options to Extend. The current Net Operating Income is $184,231.22 and there are 1.5% annual increases. The building has a drive thru and the building size is 6,256 SF. The lot size is 22,651 SF and the property is on the corner of El Cajon Boulevard and Albuquerque Street. There are approx. 20 onsite parking spaces and about 44,700 cars per day that pass by.

Contact:

Franco Realty Group

Property Subtype:

Bank

Date on Market:

2023-05-17

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