Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 2009
Building Area

Property Description

JLL is pleased to offer for sale the Ground Lease interest in a single-tenant 24-hour CVS Pharmacy (the "Property" or "Asset") located in Rancho Cordova, California. The Property is strategically located in the Highway 50 Corridor, and benefits from store sales that are 40% above the national average partially due to having largest office submarket in the Sacramento MSA with investment grade office and retail tenants in the immediate surrounding trade area. This offering presents the unique opportunity to acquire an essential service-oriented Property, backed by an investment grade corporate guaranty within the Sacramento MSA.

Investment Highlights

  • High performing essential service oriented tenancy with investment grade corporate guaranty.
  • Over 14 years of primary lease term remaining.
  • Property surrounded by investment grade office and retail tenants.
  • Immediate proximity to Lincoln Highway - Highway 50. Full service CVS with drive thru pharmacy.
Last Updated Date: 01 Oct 2020

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Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

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Last Updated Date: 01 Oct 2020

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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