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OFFERING
PRICE
$11,658,888 |
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CAP RATE
(IN PLACE)
3.00% |
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AVG. CAP RATE
(ENIRE TERM)
3.48% |
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| Address: |
20501 S. Avalon Boulevard, Carson, CA 90746 |
| Tenant/Lessee: |
Chick-Fil-A, Inc. |
| Offering Price: |
$11,658,888 |
| NOI (In Place): |
$350,000 |
| Cap Rate (In Place): |
3.00% |
| Avg. Cap Rate (Entire Term): |
3.48% |
| Rent Commencement Date: |
03/24/2021 |
| Lease Expiration: |
03/31/2041 |
| Increases: |
10% Increases / 5 Years |
| Lease Type: |
Absolute NNN Ground Lease (ZERO LL Responsibilities) |
| Building Area: |
±4,962 SF |
| Land Area: |
±53,191 SF (1.22 Acres) |
| Ownership: |
Fee Simple Ground Lease (Land) |
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*Contact brokers for additional detail. |
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THIS IS A MARKETING COMMUNICATION
© 2021 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.
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Ultimately, occupiers and landlords must make and implement their own reopening decisions for their individual stakeholders and facilities. CBRE's guidance is intended to help facilitate those discussions and expedite the implementation of those decisions once made by the client. We make no representations or warranties regarding the accuracy or completeness of these materials. CBRE cannot ensure safety and disclaims all liability arising from use of these materials.
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