Property Description
  • Absolute NNN lease with 1.5% annual increases
  • Corporate guarantee with Citigroup (NYSE: C)
  • Freestanding building at a hard corner location
  • $100M in deposits at this location
  • Adjacent to an abundance of residential housing

Colliers International is pleased to offer for sale a freestanding absolute NNN leased investment with 1.5% annual rent increases.  The property is leased to Citibank N.A., a wholly owned subsidiary of Citigroup (NYSE: C), the fourth-largest bank in the United States by total assets.

Address Map
CA
Selma
High St
2121
W120° 23' 11.2''
N36° 34' 11.3''

Citibank - Selma, CA

2121 High St, Selma, California

1 Number of Tenants
$2,475,000
Listing ID #1016
Basic Details
Property Title : Citibank - Selma, CA
Status : Available
Asking Price : $2,475,000
Region : Southwest
Cap Rate : 5.07%
NOI : $125,583
Occupancy : 100%
Square Footage : 4,663
Lease Remaining : 5 Years
Anchor Tenants : Citibank
Number of Tenants : 1
Listing ID : 1016
Investment Type : Stabilized
Property Type : NNN
Listing Type : For Sale
Agent info
David Maloy
Warner CRE
Contact Agent
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