Basics Details
- Date added: Added 6 months ago
- Type: Retail
- Building Area: 963 sq ft
- Lot size, sq ft: 16,553 sq ft
- Zoning:
- # Of Units:
Description
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Description:
Coldwell Banker Best Realty is pleased to present an Absolute Net Leased Rally’s restaurant located at 2310 W Cleveland Ave., Madera, California. This location has been successfully operating since 2013 and has eight years remaining on the lease, which originally commenced that same year.
The tenant is a well-established, family-owned franchisee with over 30 years of experience, operating 11 Rally’s locations. The lease includes three (3) five-year option periods, with 10% rental increases every five years.
Strategically positioned near the intersection of Cleveland Ave. and N. Schnoor Ave., the property is just 0.5 miles from the California 99 Freeway. It is located in the central retail hub of Madera, surrounded by national credit tenants such as McDonald’s, Taco Bell, Food 4 Less, Lowe’s, Walmart, Walgreens, Dollar Tree, Office Depot, and Petco.
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