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400 Chiles Road, Davis, CA
Former Shell Station, GREAT real estate, total demo and rebuild, right at Mace St. exit on I-80. Rare single tenant/credit deal in strong trade area.
Lease term: 15 year NNN lease,10% bumps every 5 years.
Lot Size: 17,690 SF (.41 Acres)
Store Size: 2,350 SF
Anticipated Cap Rate: 3.8% - 4.2%
Expected Delivery: January-March, 2021