State Highway 111
Calipatria, CA
Price:
$2229000
Cap Rate:
6.00%
NOI:
$133,692
Building Size:
Approx. 9100 Sq. Ft.
Lot Size:
Approx. 1.43 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2016
Investment Overview
- New Construction | 9,100+/- SF Building on 1.43+/- Acre Site
- 15-Year Corp, Absolute NNN Lease beginning September 2016
- Located along North Sorenso Avenue “SR 111” (6,000 VPD)
- Local Attractions: Salvation MTN | Slab City CA | Salton Sea
- 40-Mies W of The Glamis Dunes | 20-Miles SE of Bombay Beach
- Calipatria is located in Imperial Valley which hosts three ports valued at $7.7 billion
- Imperial Valley is the fastest growing county in CA | 3-Mile Avg. HH Income: $51,732
- Calipatria is Less than 3 hours, to: Los Angeles, San Diego and Palm Springs