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United Pacific 6422 Betty Dr 3,204 SF Retail Building Visalia, CA 93291 $6,250,000 ($1,950.69/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Implied Credit: Fortress Investment Group & Phillips 66
- Qualifies for Bonus Depreciation
- 7.50% Rent Bumps Every 5-Years
- 20-Year Base Lease Term
- Absolute NNN Lease
- 62,000+ Vehicles Per Day Traffic Counts!
EXECUTIVE SUMMARY
*Subject Location Qualifies for Bonus Depreciation
PROPERTY FACTS Under Contract
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 3,204 SF
- $117.04
- Triple Net
- Sep 2041
The United Pacific network includes 320 company operated gas stations and convenience stores, and 55 fee-operated and leased locations. United Pacific, through its retail convenience locations, has established itself as one of the largest independent owners and operators of gas stations and convenience stores in the Western United States. United Pacific offers motor fuels products under the 76, Conoco, Shell and United Oil flags, and convenience items through the We Got It! Food Mart, My Goods Market and Circle K brands. United Pacific operates its retail and wholesale businesses in California, Nevada, Oregon, Washington and Colorado.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 3,204 SF | $117.04 | Triple Net | Sep 2041 |
PROPERTY TAXES
| Parcel Number | 075-340-029-000 | Improvements Assessment | $2,281,597 |
| Land Assessment | $2,273,106 | Total Assessment | $4,554,703 |
PROPERTY TAXES
Presented by
United Pacific | 6422 Betty Dr
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