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Ridgecrest, CA NNN Properties for Sale

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Walgreens Absolute NNN Property
Updated: Jun 2
Walgreens Absolute NNN Property

101 Drummond Avenue, Ridgecrest, CA 93555

$2,755,941
14,516 sqft
14,516‑square‑foot Walgreens property
Absolute triple‑net lease structure
More than 5 years remaining on the lease
Tenant handles taxes, insurance, maintenance, and repairs
Tenant responsibility includes roof and structural work
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ridgecrest, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triple Net Office Building
Triple Net Office Building

44943 10th W, Lancaster, CA 93534

$570,000
2,200 sqft

Office building configured with eight small offices, updated flooring, and triple net lease structure.

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Tehachapi Retail Investment Opportunity
Tehachapi Retail Investment Opportunity

224 W F St, Tehachapi, CA 93561

Contact for pricing
5,686 sqft

Retail property with a 6.00% cap rate and NNN lease.

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Absolute NNN Rite Aid Retail
Absolute NNN Rite Aid Retail

811 Tucker Rd, Tehachapi, CA 93561

Contact for pricing
16,234 sqft

16,234 SF Rite Aid in Tehachapi, operating since 1988 with an absolute NNN lease through December 2029.

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SchoolsFirst Credit Union Bank
SchoolsFirst Credit Union Bank

43714 15th St W, Lancaster, CA 93534

Contact for pricing

New NNN lease with scheduled rent increases supports predictable occupancy through the initial term.

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Ridgecrest, CA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Ridgecrest, CA on our real estate platform. These investment opportunities span a total of 14,516 square feet of properties for sale, with an estimated market value of $2,755,941.

Sale prices for triple net lease properties in Ridgecrest, CA average $2,755,941 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 34K
Population Growth (5Y) -0.3%
Median Household Income $84,141
College Educated 20.3%

Taxes & Financing

Tax Rate (average for all types) 1.05%
Property Tax per SF $20.81 per SF
Tax Rate vs County Average 0.15 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kern County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kern County

Retail

Office

Residential Income

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