This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1700 High St
Delano, CA 93215
Smart & Final - 15 Year NNN Lease · Retail Property For Sale
PROPERTY FACTS
About 1700 High St , Delano, CA 93215
JLL is pleased to offer for sale the fee-simple interest in a Smart & Final located in Delano, CA. The property is tenanted by Smart and Final Stores LLC on a corporate guaranteed triple-net lease with over 15 years of primary lease term remaining. The lease features 7.50% rent escalations every five years throughout the primary term and in each of the three, five-year renewal options. Smart & Final's operating history at the property spans over 35 years, reflecting the strength and success of this location as well as company's commitment to serve the Delano community. The asset offers investors the opportunity to acquire a successful grocery chain on a long-term lease with below market rent and absolutely zero landlord responsibilities.
PROPERTY TAXES
| Parcel Number | 411-160-03-00-2 | Improvements Assessment | $4,139,448 |
| Land Assessment | $1,766,238 | Total Assessment | $5,905,686 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
