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400 Chiles Road, Davis, CA
VFormer 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 Sqft (.41 Acres)
Store Size: 2,350 Sqft
Anticipated Cap Rate: 4.0% - 4.25%
Anticipated Opening: January-March, 2021