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Carvana 559 N Hale Ave

5,739 SF 4-Star Retail Building Escondido, CA 92025 £7,991,302 (£1,392/SF) 6.75% Net Initial Yield

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Investment Highlights

Long-Term Triple-Net (NNN) Lease
Attractive Rental Increases

Strong Corporate Guarantee

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Carvana located at 559 N Hale Ave, Escondido, CA 92025. The site consists of roughly 5,739 rentable square feet of building space on an estimated 1.84-acre parcel of land. This Carvana is subject to an Absolute Triple Net (NNN) lease, which has 17.4 years of term remaining. The current annual rent is $743,214 and has scheduled increases of lesser of 9.61% or 1.25x 5-yr cpi every 5 yrs.