811 Tucker Rd | Tehachapi, CA 93561
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811 Tucker Rd
Tehachapi, CA 93561
Rite Aid - Tehachapi, CA · Retail Property For Sale
Investment Highlights
- Corporate Backed Long-Term Lease – Rite Aid has operated at this location for over 34 years and recently extended their lease until December of 2029
- Below Market Rent – Tenant is currently paying below market rent offering significant upside potential
- Rite Aid (NYSE “RAD”) reported over $24.5 billion in annual revenue and has a market cap of $405 million
- Absolute NNN Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Strong Performing Site – Historical sales figures show extremely healthy operations at this location
- Part of Tehachapi Town Center – 121,900 square foot retail center co-anchored by Save Mart and Sears
Property Facts
Property Type
Retail
Building Size
16,234 SF
Building Class
B
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.40 AC
Zoning
C1 - Commerical
Parking
52 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
143’ on Tucker Road
Property Taxes
| Parcel Number | 416-050-29-00-1 | Improvements Assessment | $1,877,922 |
| Land Assessment | $306,918 | Total Assessment | $2,184,840 |
Property Taxes
Parcel Number
416-050-29-00-1
Land Assessment
$306,918
Improvements Assessment
$1,877,922
Total Assessment
$2,184,840
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