For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

559 N Hale Ave Escondido, CA 92025

Loading data...
Loading data...
Loading data...
For Sale
$11,010,579

Long-term NNN lease with attractive rental increases.

Property size:
5,739 SF
Lot size:
1.76 Acres

Property Features for 559 N Hale Ave

General Information

Size
5,739 SF
Lot size
1.76 Acres

Source: NNN Pro Group Agent Glen Kunofsky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Escondido Carvana Investment Opportunity

This investment property features an absolute triple-net (NNN) lease with approximately 17.5 years of term remaining and zero landlord responsibilities. The lease is subject to a corporate guarantee from Carvana, LLC, which operates over 40 units. Carvana is a publicly traded company under the NASDAQ ticker CVNA. The lease includes rental increases of the lesser of 9.61% or 1.25x the 5-year CPI every 5 years. Carvana is among the largest and fastest growing online used car dealerships in the United States. Carvana's online platform and efficient operations have established a successful business model in the used car market. The property is 5739 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Carvana Escondido Used Car Dealer

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Escondido
County
San Diego
State
California
Longitude
-117.1013253
Latitude
33.1214313

FAQs

What type of property is this?
Car wash - Long-term NNN lease with attractive rental increases.
Where is this car wash located?
The property is located at 559 N Hale Ave Escondido, CA.
What is the asking price?
The asking price for this property is $11,010,579.
What are key features of this property?
This property features: - Long-Term NNN Lease: Approximately 17.5 years remaining.; - Strong Corporate Guarantee: Lease guaranteed by Carvana, LLC, a publicly traded company.; - Attractive Annual Rental Increases: Rental increases every 5 years.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message