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Commercial Building - Ridgecrest, CA
Great opportunity for investors. Long-term tenant. Allutiiq lease is up in 2027. The lease right now is $7175.00 for 2024. The rent in 2025 goes to $7390.00. The rent in 2026 goes to $7610.00. In the final year, the rent will be $7840.00. The tenant purchased the land next door, paved it for their vehicles, and fenced it. They can not commit to signing a new lease until the contract comes up with Naws China Lake in 2027. ( food for thought location is perfect for the contract and they have been in this location for over 20 years.) There is around 2700 sq feet of office space to be rented now. Don't let this investment opportunity pass you by.
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