2598 Associated Rd | Fullerton, CA 92835
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2598 Associated Rd
Fullerton, CA 92835
Las Palmas Ground Lease · Land For Sale
·
10.32 AC
Investment Highlights
- Long-Term Ground Lease
- Additional Percentage Rent
- Close To Cal State University Fullerton
- Annual Increases in Base Rent
- NNN Ground Lease
Property Facts
| Property Type | Land | Total Lot Size | 10.32 AC |
| Property Subtype | Residential | ||
| Zoning | P-L | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 10.32 AC |
| Zoning | P-L |
Description
The property spans over 10 acres and features 259 first-class units. The Ground Lease is a triple net lease, and also includes annual base rent increases plus a percentage of the gross rents collected.
Property Taxes
| Parcel Numbers | Improvements Assessment | $28,577,726 | |
| Land Assessment | $10,998,425 | Total Assessment | $39,576,151 |
Property Taxes
Parcel Numbers
Land Assessment
$10,998,425
Improvements Assessment
$28,577,726
Total Assessment
$39,576,151
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