Sizzler Restaurant STNL Absolute NNN Lease California

Sands Investment Group is Pleased to Present Exclusively For Sale a Best-of-Class Restaurant STNL Investment 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 $2.00 PSF / Month
• Established Tenant That Has Remained in the Same Location For 20 Years
• Recently Signed 2nd Option For 5 More Years
• 2 x 5 Year Options With Strong Rental Increases (Greater of 7% or Market)
• High Quality and Internet Resistant Tenant
• Located on a Hard Corner With a Large Signage
• 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
• Signalized Intersection of 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

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