.png)
.png)
.png)
4236 S Mooney Blvd
Visalia, VA
Price:
$6,954,486
Cap Rate:
6.00%
NOI:
$417,269
Ownership Type:
Fee Simple
Building Size:
30,273 SF
Lot Size:
2.71 AC
Lease Type:
Double Net
Term Remaining:
10 Years
Rent Increases:
10% Every 5 Years
Lease Options:
4, 5 Year
Guarantor:
Corporate (US Foods, Inc)
Single tenant US FOODS CHEF’STORE located in a prominent shopping center anchored by Costco & Lowe’s at the corner of S. Mooney Blvd & Visalia Parkway. Passive long-term lease with minimal Landlord management responsibilities (see Lease Abstract page)
US FOODS, INC. corporate lease, $39 Billion in annual revenue and $4 Billion net worth. CHEF’STORE by US Foods consists of 97 locations covering 14 states. US FOODS, INC. rated “BB+ / Stable” by S&P and “Ba2” by Moody’s
There are strong demographics in the region with average household incomes of $90,626 within a 1-Mile radius and 162,712 residents within a 5-Mile radius of the subject
Senior Managing Director, Investments
(925) 989-8198
jason.hernandez@marcusmillichap.com
Senior Associate
(203) 962-2042
jack.oneill@marcusmillichap.com
Associate
(901) 612-0515
jackson.lyons@marcusmillichap.com