Property Detail

45223 233rd

Lancaster CA 93536

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$2,200,000

Status: Active

Property Details

Description

Don't miss out on this fantastic investment property in Lancaster. It is an established John Deere tractor dealership, with a new 5 year NNN lease.(Real Estate sale only, business is not for sale) The seller has spared no expense updating the facility, with new HVAC condensers, roof repair and much more. This is a low headache investment property, with annual rent increases of 2.5% annually, with a cap rate of 5.8%.

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