Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

917 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Mobil & Car Wash | New 15yr Abs NNN w/ Incrs 1390 E Main St

2,756 SF Retail Building Barstow, CA 92311 £6,259,600 (£2,271/SF) 6.26% Net Initial Yield

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Brand New 15-Year Lease | Options To Extend | Scheduled Rental Increases | Strong Performing Store
Interstate 15 | Interstate 40 | Barstow Shopping Center (97,000 SF) | Aaron’s & Family Dollar Anchored Center
Strong Demographics in 5-Mile Trade Area

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Primary Retail Corridor | Propane Fuel Sold On-Site

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Mobil & Car Wash investment property located in Barstow, California. The tenant, Mobil recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The site features a Mobil Gas Station, as well as a car wash on property. This property is a strong performing store, please contact agent for details.