Skip to main content

Single-Tenant Industrial

Absolute NNN Industrial Sale Leaseback

1156 Commerce Way, Lemoore, CA 93245

Listing Price: $6,912,000

Cap Rate
6.25%
Gross SF
26,042
Price/Gross SF
$265.42
Lot Size
1.52 acres
Year Built
2022
Rentable SF
26,042

Investment Overview

Subject is a Prime 26,042 Square-Foot Build-to-Suit Industrial Site for Ray’s Lemonade on a 1.52-Acre Lot with Ample Parking and Easy Ingress/Egress. Features an Absolute NNN Lease with a 15-Year Base Term and Zero Landlord Responsibility Starting at Close of Escrow 2% Annual Rental Increases, 2 x 5-Year Options.

Investment Highlights

  • Tenant Ray's Lemonade is the Largest Cannabis Infused Drink Manufacturer in the USA, and is Served in Hundreds of Locations Throughout the West
  • Subject is 28 Miles from Downtown Fresno, with a Metro Population of Over One Million
  • Subject is 37 Miles Away From Fresno Yosemite International Airport, Serving Over One Million Passengers Annually (flyfresno.com)
  • The Area is Home to the Largest Naval Airbase in the US, NAS Lemoore, Which Adds One Billion Dollars to the Local Economy
  • Lemoore is Less Than 45 Miles Away From the Sierra Mountains, with Sequoia National Forest, Kings Canyon National Park, and Mt. Whitney Nearby
  • Cannabis Industry is Expected to Grow by 32% in 2022, with Sales Hitting $33 Billion

Exclusively Listed By

  • Jesse Limon

    Licensed Real Estate Salesperson

    (212) 430-5291

    Email Jesse

    License(s): IN: RB14048415, NY: 10401271892

    Manhattan

Broker of Record

  • Jim Markel

    First Vice President/Regional Manager

    (818) 212-2700

    License(s) CA: 01253407

    California

Single-Tenant Industrial

Absolute NNN Industrial Sale Leaseback

Listing Price: $6,912,000

Cap Rate
6.25%
Gross SF
26,042
Price/Gross SF
$265.42
Lot Size
1.52 acres
Year Built
2022
Rentable SF
26,042

Investment Highlights

  • Tenant Ray's Lemonade is the Largest Cannabis Infused Drink Manufacturer in the USA, and is Served in Hundreds of Locations Throughout the West
  • Subject is 28 Miles from Downtown Fresno, with a Metro Population of Over One Million
  • Subject is 37 Miles Away From Fresno Yosemite International Airport, Serving Over One Million Passengers Annually (flyfresno.com)
  • The Area is Home to the Largest Naval Airbase in the US, NAS Lemoore, Which Adds One Billion Dollars to the Local Economy
  • Lemoore is Less Than 45 Miles Away From the Sierra Mountains, with Sequoia National Forest, Kings Canyon National Park, and Mt. Whitney Nearby
  • Cannabis Industry is Expected to Grow by 32% in 2022, with Sales Hitting $33 Billion

Investment Overview

Subject is a Prime 26,042 Square-Foot Build-to-Suit Industrial Site for Ray’s Lemonade on a 1.52-Acre Lot with Ample Parking and Easy Ingress/Egress. Features an Absolute NNN Lease with a 15-Year Base Term and Zero Landlord Responsibility Starting at Close of Escrow 2% Annual Rental Increases, 2 x 5-Year Options.

Exclusively Listed By

  • Jesse Limon

    Licensed Real Estate Salesperson

    (212) 430-5291

    Email Jesse

    License(s): IN: RB14048415, NY: 10401271892

    Manhattan

Broker of Record

  • Jim Markel

    First Vice President/Regional Manager

    (818) 212-2700

    License(s): CA: 01253407

    California

MM Texture Background
MM Textured Background Lower