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305 Gardner Field Rd 9,360 SF Retail Building Taft, CA 93268 $1,860,000 ($198.72/SF) 5% Cap Rate

EXECUTIVE SUMMARY

CIRE Partners is pleased to present a single-tenant net leased investment offering consisting of the fee-simple interest in a Dollar Tree (the "Property" or "Asset") located in Taft, CA. The Property is a 9,360 SF on 0.27 AC operating with a corporate guaranty. The site benefits from strong real estate fundamentals, secure tenant synergy, direct visibility from highly trafficked thoroughfares, and sits directly on shopping center’s busiest ingress/egress access point
This is a rare opportunity for qualified investors to acquire recession-proof tenant with proven commitment through the entire center's relaunch.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,360 SF
Building Class
B
Year Built
2008
Price
$1,860,000
Price Per SF
$198.72
Cap Rate
5%
NOI
$93,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.27 AC
Zoning
GC - General Commercial

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • -
  • 9,360 SF
  • -
  • -

At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
- 9,360 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
220-290-11-00-1
Land Assessment
$45,066
Improvements Assessment
$1,532,433
Total Assessment
$1,577,499
  • Listing ID: 34930438

  • Date on Market: 12/7/2024

  • Last Updated:

  • Address: 305 Gardner Field Rd, Taft, CA 93268

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