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Land for sale in Duarte California

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$2,312,000 0.22 acres
1265 Huntington Drive, Duarte, CA 91010 - Los Angeles County

0.22 acres Duarte, CA

Faris Lee Investments is pleased to offer for sale the fee simple interest (land & building) in a freestanding, single tenant, trophy investment property leased to Verizon Wireless (Franchisee), located in Duarte, CA. The tenant, Verizon Wireless, has a brand new 7-year lease with rare 2 (5-year) FMV options. The lease features 3% annual rent increases throughout the initial term, which generates steady NOI growth and hedges against inflation.