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Absolute NNN | Family Dollar, Stockton CA

2006 East Mariposa Road, Stockton,
Stockton, California, 95205
2,960,000 Sold
Commercial

Description

Absolute NNN Lease
Corporate Guarantee
5.75% Cap Rate
Original Lease Term Commenced May 7, 2014
Original Lease Term Expires September 30, 2030
Current NNN Lease Amount is $14,183.50/month
or$170,202/year until September 30, 2025
Rent Increases on October 1, 2025 to
$15,602/month or $187,224/year
Six 5 Year Options to Extend at 10% Increase
Each Option
Tenant has a 21 Day Right of First Refusal