CarMax

CarMax

77 Chilpancingo Parkway, Pleasant Hill, CA, USA

INVESTMENT HIGHLIGHTS

• Absolute NNN leased fee interest with no Landlord responsibilities
• Newly constructed (2019) CarMax dealership
• Premier San Francisco Bay Area location
• Stable long-term income stream backed by a Fortune 500 tenant
• 10% rental increases every 5 years provides an excellent hedge against inflation
• Excellent 1031 Exchange opportunity or addition to a portfolio

FINANCIAL SUMMARY
Offering Price: $29,500,000
Cap Rate: 4.75%

CLICK HERE = To Register / Access Offering Memorandum

Property Summary

Site Area588,060 SF
Year Built2017
GLA (SF)189,543 SF
AnchorWalmart Supercenter
Occupancy100%

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