Property Details
Price / SqFt: $2,720,000
CAP: 5.70%
Executive Summary
- 20-Year Absolute NNN Lease
- Corporate Lease with 375+ Unit Operator
- 1.5% Annual Rent Increases 2016-2020
- Infill Location (Three-Mile Population Exceeds 265,000)
- Located Directly East of Interstate 405 at the Four-Way Signalized Intersection of Arbor Vitae & Inglewood Avenue
- Two Blocks from Payne Elementary School
- Surrounded by Dense Residential Development Along Main Retail Corridor
