For Sale | STNL 20-Year Olive Orchard Land Lease

48655 Lockwood-Jolon Road | Lockwood, CA
Closed/Sold
$3,600,000
  • Long term stable cash flowing investment
  • High desirable olive orchard with 25+ year tree life
  • Growing Olive Oil consumption and market demand
  • Stable investment with grown agriculture industry with demising farmland
  • New Amenities: AG well, installed pump system, four additional wells cased and capped
Sale Price:
$3,600,000
Parcel Size:
±158 Acres
Cap Rate:
5%
NOI:
$180,000
Tenant Lease Type:
Single Tenant Net Lease
Tenant Lease Options:
Four(4) options 5-Years

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