438 Auto Vista Drive, Palmdale, CA 93551
Marcus & Millichap is pleased to present the exclusive listing for a Rally Auto Group portfolio located in Palmdale, California. The sites consist of roughly 80,500 rentable square feet of building space located on estimated 16.03-acres of land. The Rally Auto Group properties are subject to a 15-year absolute triple-net (NNN) master lease, which commenced November 12, 2013. The current annual rent is $974,142 and is scheduled to increase by two and one-half percent annually. There is one, ten-year tenant renewal option. The lease is guaranteed by Rally Auto Group Inc.
Marcus & Millichap is pleased to present the exclusive listing for a Rally Auto Group portfolio located in Palmdale, California. The sites consist of roughly 80,500 rentable square feet of building space located on estimated 16.03-acres of land. The Rally Auto Group properties are subject to a 15-year absolute triple-net (NNN) master lease, which commenced November 12, 2013. The current annual rent is $974,142 and is scheduled to increase by two and one-half percent annually. There is one, ten-year tenant renewal option. The lease is guaranteed by Rally Auto Group Inc.