Log In/Sign Up
Your email has been sent.
201 S China Lake Blvd 1,640 SF Retail Building Ridgecrest, CA 93555 $2,160,000 ($1,317.07/SF) 4.49% Cap Rate
Executive Summary
Offered for sale is the opportunity to acquire triple net leases KFC in Kern County, California. The property consists of a 1,620 -square-foot, freestanding buildings that sit on 0.40 acres (17,424) of land. There are around 13 years remaining on the current lease term with 10% every 5 years rental increases, and four 5 years option to extend.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,640 SF
Building Class
B
Year Built
2022
Price
$2,160,000
Price Per SF
$1,317.07
Cap Rate
4.49%
NOI
$97,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.40 AC
Zoning
PM
Parking
23 Spaces (14.02 Spaces per 1,000 SF Leased)
Frontage
88’ on South China Lake Boulevar
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- 1,640 SF
- -
- Triple Net
- Dec 2037
KFC, a subsidiary of Yum! Brands, Inc. (NYSE: YUM.), is a global chicken restaurant brand with a rich, decades-long history of success and innovation. It all started with one cook, Colonel Harland Sanders, who created a finger lickin’ good recipe decades years ago, a list of secret herbs and spices scratched out on the back of the door to his kitchen. Today they still follow his formula for success, with real cooks breading and freshly preparing their delicious chicken by hand in tens of thousands of restaurants around the world.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 1,640 SF | - | Triple Net | Dec 2037 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
RSD Investments
201 S China Lake Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.