Wednesday, October 23, 2013

Sacramento NNN Strip Center for Sale with Starbucks Anchor

Just hit the market is a two tenant NNN Strip Center for sale in Sacramento with 10 year leases and great tenants.
6% cap rate, $2,662,408 price, Starbucks & Z Pizza leases for both tenants terminate in Aug 2023 and Dec 2024 plus options beyond that. At this price, you can achieve positive leverage if you add financing. Demographics are strong with $87,000+ average household income within 1 mile radius.

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