1827 E Avenue J | Lancaster, CA 93535
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1827 E Avenue J
Lancaster, CA 93535
KFC Ground Lease · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,355 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.79 AC
Zoning
LRCP
Parking
36 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Signalized Intersection
- Drive Thru
About 1827 E Avenue J , Lancaster, CA 93535
Strong 71 unit operator. This NNN Ground Lease offers 6+ years remaining on a base term of a 20 year lease, followed by two 5-year options and one 4-year option. The first rent bump is scheduled for January 2020 (just 13-months from the date this listing commenced). The option rent bumps will be set at fair-market-value (FMV). The site is adjacent to a WalMart Super Center which also draws patrons to the immediate area.
PROPERTY TAXES
| Parcel Number | 3147-041-030 | Improvements Assessment | $1,454,548 |
| Land Assessment | $842,105 | Total Assessment | $2,296,653 |
PROPERTY TAXES
Parcel Number
3147-041-030
Land Assessment
$842,105
Improvements Assessment
$1,454,548
Total Assessment
$2,296,653
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