99 Cent Store - Delano, CA

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.

Additional Info

  • Address: : 626 Cecil Avenue, Delano, CA 93215
  • Price: : $4,561,466
  • Net Rentable Area: : 18,171
  • Lot Size (Acres): : 1.12
  • CAP Rate: : 5.57%
  • NOI: : $254,390
  • Year Built: : 2015
  • Status: : Available

What Clients Are Saying                                     
 

"It was a pleasure working with you as we appreciated your persistence, professionalism, guidance and your patience in assisting us with our first Real Estate Acquisition. We are looking forward to closing many more transactions with you in the future.'
Mike Nofarad, Private Investor

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
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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