8255 E. Raintree Dr, Suite 100 - Scottsdale, AZ 85260
info@retail1031.com
call us: 480-429-4580
Surestay By Best Western| Ridgecrest, CAsale

Surestay By Best Western| Ridgecrest, CA

, For Sale.
$2,835,000

Investment Highlights

  • New 20 Year Absolute NNN Lease that Commences at COE

  • 4 x 5 Year Options

  • 53 Keys

  • Large Area Generators including the China Lake Naval Air Warfare Weapons Division and the US Navy Exchange.

  • Outdoor Pool

  • 8.5% Increases Every 5 Years

  • Newly Renovated with all new rooms opened by July 2018

  • 15 hotels, ±850 Rooms Total, located within 2 Miles

Investment Summary

CAP Rate: 7.00%
Building Size: ±12,763
Land Size: ± 32,487 square feet
Lease Options: 4 x 5 Year Options
NOI: $230,000
Lease Type: Absolute NNN

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More Information

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