CVS Pharmacy Ground Lease Absolute NNN Drug Store California

---

Sands Investment Group is Pleased to Present For Sale the CVS Pharmacy Ground Lease Located in Bakersfield, California. This Property Has Approximately 12+ Years Remaining on the Base Term of the Lease and Features a Rare 10% Increase in 7.5 Years and 7.5% Increases Every 5 Years Thereafter, Throughout Each of the 5 (5-Year) Option Periods Providing a Strong Hedge Against Inflation. The Building Includes a Double Lane Drive-Thru and Sits as an Out Parcel to a Highly Visited Shopping Center With Adjacent Tenants Including Aldi, Smart & Final, Chick-fil-A, In-N-out, Chipotle, Panda Express, Randy’s Donuts & More. This Location is Open 24 Hours a Day and Benefits From a High Population Base in the Immediate Trade Area in Addition to High Daytime Population From the Significant Density of Office Campuses Located Nearby. CVS is the Largest Pharmacy Provider in the Country By Prescription Revenue and Features an Investment Grade Credit Rating of BBB (S&P Global Ratings). This Investment is Perfect For a 1031 Buyer. This Deal Offers a Long-Term Secure Income Stream, Strong Rental Increases, Investment Grade Credit With a Pandemic and Recession Resistant Tenant.

BEST IN CLASS INVESTMENT FEATURING RARE STRONG RENTAL INCREASES

• Long Term Lease With Approximately 12+ Years Remaining on Base Term
• Corporate Guaranteed Lease Featuring Investment Grade Credit – BBB (S&P Global ) / Baa2 (Moody’s)
• Absolute Triple Net (NNN) Ground Lease Featuring Low Rent on Approximately 2.01 Acre Parcel
• Rare 10% Rental Increase in 7.5 Years and 7.5% Increases Every 5 Years Thereafter Throughout Each of the 5 (5-Year) Option Periods Providing a Hedge Against Inflation
• Double Lane Drive-Thru Prototype Building

DAILY NEEDS & NECESSITY BASED TENANT

• CVS is the Top Drug Store in the Country Based on Prescription Drug Revenue Holding Nearly 25% of the Prescription Drug Market
• Tenant Remained Open and Paying Rent Throughout the COVID-19 Pandemic
• Drug Stores Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession Resistant

DOMINANT BAKERSFIELD LOCATION

• 2nd Most Travelled Intersection in the City With Over 80,000 Cars Per Day at Stockdale Hwy & California Avenue
• Dense Population Base With Over 342,625 People Within 5-Miles
• Affluent Trade Area – $76,411 Average Household Income Within a 5-Mile Radius
• High Daytime Population From the Significant Density of Office Campuses
• Nearby Employee Population – Over 77,000 People Within a 3-Mile Radius

In Cooperation With Sands Investment Group, Inc Lic. # 01768950

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

---

Sands Investment Group is Pleased to Present For Sale the Urbane Cafe & Love Sushi Multi Tenant NNN Restaurant Located in Bakersfield, California. This Opportunity Includes Two, High-Quality Internet & Recession-Resistant Tenants With Long-Term Leases. Urbane Cafe Features 10% Increases Every 5 Years and Love Sushi Has Rare 2% Annual Increases Providing a Strong Hedge Against Inflation. Adjacent to a High-Performing Smart & Final Grocery and Other Strong Retailers, This Investment Offers a Secure Investment With Strong Rent Growth and a Destination Location.

LONG TERM INVESTMENT OPPORTUNITY

• New Construction Completed in 2018
• Small Price Point – Ideal 1031 Opportunity
• Long Term Leases – Approximately 9 Years Remaining on Love Sushi and 6 Years Remaining on Urbane Cafe
• Strong Rental Increases Providing Hedge Against Inflation – Annual 2% Increases (Love Sushi) / 10% Every 5 Years (Urbane Cafe)
• Triple Net (NNN) Leases Featuring 4% Management Fees

HIGH BARRIERS TO ENTRY LOCATION

• Pad Building to 100% Leased Shopping Center
• Anchored By Smart & Final, Chipotle, Flame Broiler, Ono Hawaiian and More

HIGH QUALITY & INTERNET RESISTANT TENANT

• 100% Restaurant Tenant Line-Up, Amazon and Internet Resistant Tenants
• Urbane Cafe Has 23 Locations Across California
• Love Sushi is a Regional Family-Run Sushi Restaurant With Multiple Locations Within the Bakersfield Area
• Signalized Intersection of Mall View Road and Mt Vernon Avenue Which Sees 29,789 Vehicles Per Day
• Direct Frontage and Exposure With High Barriers to Entry – Four Points of Egress and Ingress
• Immediate Access Off Interstate 178 (47,206 VPD) With On and Off Ramp Visibility
• Pylon Signage Along Interstate 178

DOMINANT MARKET POSITION IN CALIFORNIA

• Densely Populated Area – Over 229,079 Residents Within a 5-Mile Radius
• Employee Population – Over 42,000 People Within a 3-Mile Radius
• Population Growth Expected By 2.8% Over the Next 5 Years Within a 3-Mile Radius

In Cooperation With Sands Investment Group, Inc Lic. # 01768950

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

---

Sands Investment Group is Pleased to Present Exclusively For Sale a 5,587 SF NNN Restaurant Investment Property Located at 2673 Mount Vernon Avenue in Bakersfield, California.

• Brand New 15 Year Triple Net (NNN) Lease With Minimal Landlord Responsibilities
• Strong Rental Growth With 3% Annual Increases Beginning in 2023
• Outparcel to a Busy Albertsons – Providing Habitual Traffic
• Below Market and Replaceable Rent – Rent Currently Under $2.00 PSF/Month
• Densely Populated Area With Over 219,984 People Within a 5-Mile Radius
• Employee Population of Over 42,000 People Within a 3-Mile Radius
• Huckleberry’s Has 17 Locations and Counting With an Average Rating of 4.4 Stars Out of 5 – Providing Proof of Concept
• Guaranteed By an Experienced Franchisee With 10 Locations and Strong Financials – Provide Confidence in the Tenant
• Extremely Rare Site With Visibility From California State Route 178, Which Sees Over 69,900 Vehicles Per Day
• Situated Less Than 1-Mile to Bakersfield College
• Nearby Tenants Include: Lowe’s, Home Depot, Taco Bell, McDonald’s, Target, Starbucks, Walmart Supercenter, Walgreens, Wendy’s, Chipotle, Big Lots and More

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

---

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

In Cooperation With Sands Investment Group, Inc – Lic. #1768950

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

---

Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,600 SF Mount Vernon Retail Center Located at 2630 Mount Vernon Avenue in Bakersfield, California.

LONG TERM INVESTMENT OPPORTUNITY

• All Tenants Signed a 10 Year Base Lease Term
• Approximately 7 Years Remaining on Each Lease
• New Construction Completed in 2017
• Strong 10% Rental Increases Every 5 Years (Next Increases Within 2-3 Years)
• Triple Net (NNN) Leases Featuring 4% Management Fees

HIGH QUALITY & INTERNET RESISTANT TENANTS

• 100% Restaurant Tenant Lineup – Amazon and Internet Resistant Tenants
• 38% of GLA Made Up of Chipotle (NYSE: CMG) Which Has Over 2,600 Locations
• Flame Broiler Has Over 180 Locations in California, Arizona, Florida, Nevada and Oklahoma
• Ono Hawaiian BBQ Currently Has Over 65 Locations in California and Arizona

HIGH BARRIERS TO ENTRY LOCATION

• Pad Building to 100% Leased Shopping Center Anchored By Smart & Final and Including Urbane Cafe & Sizzler
• Signalized Intersection of Mall View Road and Mt Vernon Avenue See 98,500 Vehicles Pass Through Daily
• Direct Frontage and Exposure with High Barriers to Entry – Four Points of Egress and Ingress
• Immediate Access Off Interstate 178 (59,239 VPD) and On and Off Ramp Visibility
• Pylon Signage Along Interstate 178

DOMINANT MARKET POSITION IN CALIFORNIA

• 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

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

---

Sands Investment Group is pleased to present this new NNN investment opportunity located in Bakersfield, California.

LONG TERM INVESTMENT OPPORTUNITY

• 14 Year Triple Net (NNN) Lease – Minimal Landlord Responsibilities
• Brand New Construction Completed in 2017
• 20 Year Roof Warranty in Place
• 10% Rent Increase in Year 11 and At Options

HIGH QUALITY TENANT

• Corporate Guarantee From Smart and Final Inc, (NYSE: SFS)
• Smart & Final is One of the Most Rapidly Expanding Banners Amongst Grocery Retailers and Has Experienced an Increase in Sales Over the Last 5 Years Consecutively
• Sales Increased by 4.4% From 2017 (as of July 2018)

INTERNET RESISTANT TENANT

• Recession and Internet Resistant Tenant – Grocery Stores Provide a “Daily Needs” For Consumers Making the Property Recession and Internet Resistant

HIGH BARRIERS TO ENTRY LOCATION

• Anchor to 100% Leased Shopping Center with Tenants that Include Chipotle, Flame Broiler, Urbane Café, One Hawaiian BBQ and Sizzler
• Signalized Intersection of Mall View Road and Mt. Vernon Avenue See 98,500 Vehicles Pass Through Daily
• Direct Frontage and Exposure with High Barriers to Entry – Four Points of Egress and Ingress
• Immediate Access Off Interstate 178 & On and Off Ramp Visibility
• Pylon Signage Along Interstate 178

DOMINANT MARKET POSITION IN IDEAL CALIFORNIA LOCATION

• Densely Populated Area with Over 224,000 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 3- Miles

CLOSE PROXIMITY TO NATIONAL TENANTS

• Nearby Tenants Include: Target, Walmart Supercenter, Home Depot, Starbucks, Pollo Loco, Rite Aid, Lowe’s, Del Taco, Panda Express, Walgreens, Office Max and KFC

View Similar Investment Opportunities

Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities