An NNN Capital Company
Mattress Firm
Price
$1,962,000
Deal In 30 Seconds
Eric Parrs
STNL Property Video
Price
$1,962,000
The Deal in 30 Seconds
Deal Highlights
GREAT NEIGHBORS: Trader Joe’s, Target, Starbucks, and McDonald’s all sit within a stone’s throw of the property. Target & McDonald’s are corporately owned.
BELOW MARKET RENT: Mattress Firm is paying below market rent for both the area and compared to other single tenant Mattress Firms across the country.
PROXIMITY TO AIRPORT: The property sits approximately 3 miles from Palm Springs Airport (PSP)
AREA AFFLUENCE: The Palm Springs MSA/Coachella Valley is one of the most desirable markets in California.
7.00%
Cap Rate
NN
Lease Type
4 Years
Term Remaining
$137,335
NOI
4,994 sqft
Bldg Size
0.46 Acres
Lot Size
2016
Year Built
$95,779
3 Mile HHI
51,626
3 Mile Pop
Landlord Responsibilities: (a) replace the roof membrane & pylon sign when necessary (b) repair and replace when necessary all structural elements of the Building, including the structural elements of the roof (c) maintain the underground utilities up to their point of connection to the Building.
Mattress Firm
Price
$1,962,000
Deal In 30 Seconds
Eric Parrs
