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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.

Citibank - Selma, CA

2121 High St- Selma- California

1 Number of Tenants
$2,475,000
Listing ID #1016
Basic Details
Asking Price : $2,475,000
Region : Southwest
Cap Rate : 5.07%
NOI : $125,583
Occupancy : 100%
Square Footage : 4,663
Lease Remaining : 5 Years
Number of Tenants : 1
Listing ID : 1016
Investment Type : Stabilized
Property Type : STNL
Listing Type : For Sale
Agent info
Retail Capital Markets
3 Park Plaza
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