May 2, 2023 – New Construction California NNN Activity

November Capital  /   May 2, 2023

Keep up with brand new construction NNN deals in California.

4/30/2023 – Circle K – Visalia, CA – 20 Year Circle K Ground Lease Sells for $6M (4.55% Cap Rate)

4/14/2023 – Quick Quack Car Wash – Corona, CA – 20 Year Car Wash Sells For $4.46M (4.25% Cap Rate)

4/11/2023 – McDonald’s – Winchester, CA – 20 Year Lease Sells for $3.3M (3.48% Cap Rate)

3/31/2023 – McDonald’s – Palmdale, CA – 20 Year Lease Sells for $2.38M (3.47% Cap Rate)

3/15/2023 – Dutch Bros – Rialto, CA – 15 Year Lease Sells for $2.27M (4.25% Cap Rate)

3/8/2023 – Dollar Tree – San Jacinto, CA – 10 Year Lease Sells for $2.9M (5.52% Cap Rate)

3/3/2023 – Dutch Bros – Fontana, CA – 15 Year Lease Sells for $2.3M (4.35% Cap Rate)

2/28/2023 – Floor & Decor – Pleasant Hill, CA – 10 Year Lease Sells for $16.1M (6.18% Cap Rate)

2/14/2023 – Taco Bell – Corona, CA – 20 Year Lease Sells for $2.9M (4.10% Cap Rate)


 

November Capital is dedicated to assisting clients in the acquisition and disposition of net leased retail, industrial, medical and office properties across the United States. November Capital strives to provide only the highest level of service and attention to detail for every client.

Jeffrey Weil is the President of November Capital. Jeffrey is a net lease investment property expert. He previously served as Vice President at a national net lease real estate firm. He received his bachelor’s degree from the University of Michigan Ann Arbor and a law degree from the Chicago Kent College of Law where he graduated with honors. He is a licensed attorney in the state of Illinois.