Taco Bell and All Star Auto Glass,
Santa Clara, CA Investment Summary
| Price | $2,915,000 |
| Cap Rate | |
| NOI | |
| Lease Term | Various |
| Lease Type | |
| Rental Increases | |
| Year Built | |
| Building Size | 4,900 sq. ft. |
| Lot Size | |
| Status | Sold |
| Lead Brokers |
Investment Highlights
SCHEDULED RENT INCREASES
• 10% rental increases every five years provide a hedge against inflation
• Leased to strong national tenant with corporate guarantee
• Tenant is rated B1 by Moody’s
BRAND NEW 2016 CONSTRUCTION
• Brand new building, limiting near-term deferred maintenance or
capital costs
LOCATED IN DENSE RETAIL CORRIDOR
• Adjacent to shopping center anchored by numerous national retailers,
including Marshalls, Aldi, and LA Fitness
• Located near 175,671 square foot center that includes tenants such as
Walmart, Walgreen’s, GameStop, GNC, and others
AFFLUENT NORTHWEST SUBURB OF CHICAGO
• Population of 122,825 & average household income of $87,138 within
3-mile radius
• 22 miles from downtown Chicago
INFILL LOCATION WITH RECENT DEVELOPMENT IN AREA
• Near the recently redeveloped, one million square foot Randhurst Village
• Randhurst Village is a mixed-use center than includes big box anchors,
Costco, Home Depot, Chipotle, and many other national tenants
Property Description
SOLD
