Tuesday, January 15, 2013

Single Tenant NNN for Sale in Palm Springs, CA

9+ year corporate lease remaining
"Recession proof" corporate tenant
In place tenant for over 15 years
Shadow Anchored by excellent grocery store
6% cap rate
Share a center with McDonald's, Taco Bell, Dollar Tree, Stater Bros. & Arco.
$2,375,000

Now let's talk about selling that apartment building and trading into a solid single tenant NNN investment property!