Wells Fargo - NNN Net Lease Property for Sale
Palmdale, CA
Key Investment Metrics
Price
$1,655,826
Cap Rate
7.5%
Net Operating Income
$124,187
Building Size
20220 SF
Lot Size
7,887 SF
Land Area
2 Acres
Year Built
N/A
Occupancy
100%
Tenancy
Single
Rent Increases
10% at Each Option
About This Wells Fargo Net Lease Property
This Wells Fargo NNN (triple net lease) property is located in Palmdale, CA and represents an excellent investment opportunity for commercial real estate investors. The property features 20220 square feet of building space.
With a cap rate of 7.5%, this Wells Fargo net lease property offers stable income potential. The asking price is $1,655,826, making it an attractive option for 1031 exchange investors seeking quality Wells Fargo commercial properties.
Why Invest in Wells Fargo NNN Properties?
- Stable Income: Wells Fargo net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Wells Fargo is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Palmdale, CA Market Overview
Located in Palmdale, CA, this Wells Fargo property benefits from strong local demographics and market fundamentals. The Palmdale area offers excellent visibility and accessibility, making it an ideal location for Wells Fargo operations and a solid investment for net lease property buyers.