811 Tucker Rd | Tehachapi, CA 93561
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- LoopNet Team
811 Tucker Rd
Tehachapi, CA 93561
Rite Aid - Tehachapi, CA · Retail Property For Sale
Investment Highlights
- Corporate Backed Long-Term Lease – Rite Aid has operated at this location for over 34 years and recently extended their lease until December of 2029
- Below Market Rent – Tenant is currently paying below market rent offering significant upside potential
- Rite Aid (NYSE “RAD”) reported over $24.5 billion in annual revenue and has a market cap of $405 million
- Absolute NNN Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Strong Performing Site – Historical sales figures show extremely healthy operations at this location
- Part of Tehachapi Town Center – 121,900 square foot retail center co-anchored by Save Mart and Sears
PROPERTY FACTS
Property Type
Retail
Property Subtype
Retail
Building Size
16,234 SF
Building Class
B
Year Built
1988
Tenancy
Single
Number of Floors
1
Building FAR
0.27
Lot Size
1.40 AC
Zoning
C
Parking
52 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
143 ft on Tucker Road
PROPERTY TAXES
| Parcel Number | 416-050-29-00-1 | Improvements Assessment | £1,464,632 |
| Land Assessment | £239,372 | Total Assessment | £1,704,004 |
PROPERTY TAXES
Parcel Number
416-050-29-00-1
Land Assessment
£239,372
Improvements Assessment
£1,464,632
Total Assessment
£1,704,004
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