Leased Single Tenant NNN Investment-Thousand Palms, CA

Retail-Commercial for Sale
Catylist Listing ID: 30484482
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 3,000 SF
Gross Building Area: See Agent
Sale Price: $2,100,000
Unit Price: $700 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2019

Overview / Comments

Located in the "Traveler's Oasis" off the Bob Hope exit on Interstate 10 in Thousand Palms, CA. This single tenant NNN property in Thousand Palms is available for purchase! Neighboring businesses include McDonald's, In N Out Burger, Del Taco, Carl's Jr., Starbucks, Denny's, Taco Bell, Motel 6, Valero, Chevron, Shell, Flying J Travel Center, and numerous industrial parks.

Current Tenant, Goody's, has ±4 years left on the current Lease, and two 5-year options.

Current Tenants

Tenant Business Name Goody's
Is Renting? Yes
Escalations Two 5-year Options to Extend

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 650-090-035-2
Zoning: C-P-S
Year Built: 1996
Total Parking Spaces: 20

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,215 28,922 89,561
Median Age: 27.91 46.98 45.82
Households: 1,075 11,798 36,311

Sponsoring Organization

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