99 Cent Store - Delano, CA

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Pricing and Location


Price:   $4,601,150

Address:   626 Cecil Avenue, Delano, CA 93215

Status:   Available

Property Details


CAP Rate: 5.75% Year Built: 2015
Net Rentable Area: 18,171
Lot Size (Acres): 1.12 NOI: $254,390

Marketing Materials


Property Description


Located at the signalized hard corner of Cecil Avenue and Glenwood Street, directly at the off-ramp of the 99-freeway, this newly constructed long term modified NNN lease offers an investor the opportunity to acquire a pride of construction passive ownership investment opportunity.

The site is also available with the adjacent Carl's Jr Ground Lease (also new construction), but can be acquired separately as well. (See Car's Jr. Offering Memorandum).

The region's growth is no more apparent than in the presence of other national retail chains popping up in the area such as the newly constructed Walgreens recently opened on the opposite corner.

Other national retailers in the immediate area include: Starbucks, Dollar Tree, T-Mobile, Verizon, ARCO, Smart & Final, Advance America, El Pollo Loco, O'Reilly's Auto Parts, Shell, Autozone, McDonald's and Little Cesars Pizza are all within a few blocks of one another.

In addition to the growing national retail, the immediate neighborhood is also home to the Filipino Community Council Recreation Center located directly to the south of the site (right behind it) and Fremont Elementary School located just on the other side of the 99. Princeton Street Elem School and Delano High School are located directly to the east of the site. Delano Regional Medical Center is located directly to the south of the site.

Area Map and Street View


What Clients Are Saying                                     
 

"I was very pleased with the results you have achieved. You were a pleasure to work with and I would highly recommend your services to anyone. I found your brokerage skills excellent and your approach with us very straightforward looking forward to working with you again."
Dr. Alexander Basch, 1031 Buyer

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557