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99 Cents Store - Valencia, CA

The subject site tenant's lease is a 13 year true NNN fee-simple lease (land and improvements) that commenced in October 2016. The property also offers strong rental growth with 4% increases every 3 years during base and option periods. There are four 5 year options. Located in the heart of the master planned community of Valencia nestled around the Santa Clarita mountain range.

Additional Info

  • Address: : 24200 West Lyons, Valencia, CA 91321
  • Price: : $5,665,420
  • Net Rentable Area: : 30,310
  • Lot Size (Acres): : 2.63
  • CAP Rate: : N/A
  • NOI: : $303,100
  • Year Built: : 1966/2015
  • Status: : Available