Autozone Absolute NNN Ground
For Sale
Contact for pricing
700 Derrick Ave, Mendota, CA 93640
Long-term corporate tenancy with scheduled rent escalations and adjacency to established retail operators.
Property SizeContact for details
Days on Market144
Property Features for 700 Derrick Ave
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Fisher James Capital
(510) 289-1166
Listed By:
Putnam Daily · License #CA 01750064
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 9:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fisher James Capital
Investment Insights
Based on property information with market context.
This NNN property is structured as a 15-year absolute net ground lease with Autozone, supported by a corporate guaranty and an investment-grade tenant rating of BBB from S&P. Contractual rent increases of 10% occur every 5 years, providing defined escalation points throughout the lease term.
The property is located at 700 Derrick Ave in Mendota, California, near the intersection of Derrick Avenue and Belmont Avenue. Derrick Avenue connects with State Route 180 approximately half a mile north, while Belmont Avenue reaches State Route 180 less than a mile east. Adjacent retail includes a newly built McDonald’s and Family Dollar, with Dollar Tree planned within the shopping center. Nearby operators also include Subway, Cricket Wireless, Mendota Food Center, and Pizza Factory.
The property is located at 700 Derrick Ave in Mendota, California, near the intersection of Derrick Avenue and Belmont Avenue. Derrick Avenue connects with State Route 180 approximately half a mile north, while Belmont Avenue reaches State Route 180 less than a mile east. Adjacent retail includes a newly built McDonald’s and Family Dollar, with Dollar Tree planned within the shopping center. Nearby operators also include Subway, Cricket Wireless, Mendota Food Center, and Pizza Factory.
Key Highlights
- 15‑Year absolute net ground lease with Autozone
- Corporate guaranty and BBB rating from S&P
- 10% rental increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
58k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 41%
Electronics 4%
McDonald's
Dining
13,123 visits/mo
0.2 miles
Dollar Tree
Shops & Services
12,628 visits/mo
0.2 miles
Family Dollar
Shops & Services
11,494 visits/mo
0.2 miles
Starbucks
Dining
7,385 visits/mo
0.2 miles
AutoZone
Shops & Services
5,460 visits/mo
0.2 miles
Demographics for 93640, CA
13,865
Population
3,521
Households
3.9
Avg Household Size
28
Median Age
4%
College-Educated
42%
High-School Grad
157.9 sq mi
ZIP Area
88
Density / Sq Mi
$46,042
Median Household Income
$22,634
Median Earnings
$841
Median Rent
$255,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Long-term corporate tenancy with scheduled rent escalations and adjacency to established retail operators.
Where is this nnn property located?
The property is located at 700 Derrick Ave Mendota, CA.
What are key features of this property?
This property features: 15‑Year absolute net ground lease with Autozone; Corporate guaranty and BBB rating from S&P; 10% rental increases every 5 years
