12
$750,000 Sale
Listed 2 days ago
1649 E Sample Road
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· 11
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Key Facts
Key facts for 1649 E Sample Road
Property Type
Commercial, Unspecified
Parking
Common 11 parking
MLS #
F10551435
Size
-
Basement
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Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1962
Maintenance Fee
-
Description
This property presents a valuable opportunity to acquire a stabilized, single-tenant, triple net-leased retail investment. The property is fully leased to House of Tanoa Kava Bar under a long-term lease running through 2030, delivering dependable in-place cash flow backed by a well-established and h...ighly regarded operator with a 4.8-star Google rating and strong local following. This is a true NNN lease, providing minimal landlord responsibilities and predictable passive income. Lease features above market annual rent escalations offering built-in inflation protection and above-market growth. The lease also does not include any renewal options, providing the new owner with future unilateral flexibility to dictate the long term plans with the property.
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Listing courtesy of: Native Realty Co.