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Carvana 559 N Hale Ave

5,739 SF 4-Star Retail Building Escondido, CA 92025 £7,407,994 (£1,291/SF) 7.25% Net Initial Yield

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Investment Highlights

Long-Term 20-Year NNN Lease
Attractive Annual Rental Increases

Strong Corporate Guarantee | This lease will be subject to a strong corporate guarantee from Carvana, LLC (40+ Units).

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Carvana located at 13950 Springdale St, Westminster, CA 92683. The site consists of roughly 7,918 rentable square feet of building space on an estimated 1.86-acre parcel of land. This Carvana is subject to a Triple Net (NNN) lease, which expires 4/30/2042 and has approximately 17.5 years remaining. The current annual rent is $978,339 and has scheduled increases of lesser of 9.61% or 1.25x5-yr cpi every 5 yrs.