Marcus & Millichap is pleased to present the exclusive listing for a Smart & Final located at 13439 Camino Canada in El Cajon, California. The site constructed in 1996 and consists of roughly 56,731 rentable square feet of building space on estimated 6.29-acre parcel of land.
This Smart & Final is subject to an original long term, 20-year triple-net (NNN) lease, which commenced on 12/18/2015. The current annual rent is$1,243,016. There are Two (2), Ten (10)-year tenant renewal options.
33rd Most Trafficked Smart & Final According to Placer AI
✓ Original Long Term 20-Year Absolute Triple Net (NNN) Lease; 13 Years
✓ Attractive 2% Annual Rental Increases; Strong Inflation Hedge
✓ Tenant Renewal Options: Two (2) Periods of Ten (10) Years, Each bringing the
Potential Lease Term to 33 Years Remaining
✓ Corporate Tenant; Corporate Guaranty