Panda Express Drive Thru & Shops
A high sales volume Panda Express drive-thru anchors this handsome, 2019 construction strip center. The property is located just off CA 101, and shadows Costco, Food Maxx and Walmart. An additional 0.67 acre pad presents upside potential.
Price:
$4,660,000
Cap Rate:
6.50%
NOI:
$302,930
Category:
Strip Center
Location:
Ukiah, CA
Building Size (SF):
7,671
Lot Size (Acres)
1.82
Built:
2019
Highlight
Corporate Panda Express pays below market rent and sees very strong sales: Panda Express rent is approximately $100K, and they report excellent sales at this location.
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