9236 California City Blvd, California City, CA 93505

Freestanding Absolute Triple Net (NNN) Zero Landlord Responsibility Corporate Guaranteed Hall Ambulance. The tenant has operated for decades thru their initial term and recently extended again until August 31, 2023, demonstrating their commitment to the site. ±2,758 SF Freestanding Professional Office Building producing a current rate of $3,588/month NNN, and has historically experienced 10% increases in the rent per year. This allows an investor to extend with the existing tenant in September 2023 where the deal offers an upcoming CAP Rate of 6.75%!

Building Description:

Freestanding commercial-zoned building with a private rear parking lot, well-maintained yard, and professionally maintained building. Property offers multiple private rooms, kitchen & dining area, & private restrooms. Property is positioned on 0.22 Acres of land for rear parking as well as street parking.

Lease Details:

Hall Ambulance inked a new lease in 2021 and is in their first corporate guaranteed lease extension through 2023. The tenant has full licensing in place to operate at the location and also completed a remodel when moving in, showing their commitment to the market and location.

Tenant Information:

Hall Ambulance is the 9-1-1 paramedic provider for 94% of Kern County. It was the first local ambulance service to provide paramedic service (1975); implementing Kern County’s first critical care transport program (2009); the Company’s Communications Division assuming dispatch of 100% of all requests for medical aid throughout Kern County (2015). Hall Ambulance is known for providing high-quality advanced life support and basic life support care.