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Sands Investment Group is Pleased to Present Exclusively For Sale the Single Tenant Absolute NNN Sizzler Located at 2560 Mount Vernon Avenue in Bakersfield, California.

Absolute Triple Net (NNN) Lease With No Landlord Responsibilities
Below Market and Replaceable Rent – Rent Currently Under $2.01 PSF / Month
Established Tenant That Has Remained in the Same Location For 20 Years
Tenant Currently Paying Base Rent Of $129,768 Per Year Plus Additional $20,400 For Payback Of Reduced Rent During Pandemic Through Remainder Of Current Lease Term
Potential Short Term Value Add Opportunity From Increase Of Rent A t Option Period And Future Reposition Opportunity
2 x 5 Year Options With Strong Rental Increases (Greater of 7% o r Market)
Internet & Pandemic Resistant Tenant
Densely Populated Area With Over 224,800 People Within a 5-Mile Radius
Employee Population of Over 42,000 People Within a 3-Mile Radius
Population Growth Expected By 2.8% Over Next 5 Years Within a 3-Mile Radius
Employee Population o f Over 42,000 People Within a 3-Mile Radius
Population Growth Expected By 2.8% Over Next 5 Years Within a 3-Mile Radius
Signalized Intersection o f Mall View Road and Mt Vernon Avenue See 98,500 VPD
Immediate Access Off Interstate 178 (59,239 VPD) and On and Off Ramp Visibility
Nearby Tenants Include: Smart & Final, Chipotle, Burger King, Starbucks, Home Depot, Panda Express, Lowe’s, Walgreens, Big Lots, Walmart Supercenter and More