H&R Block NNN Property For Sale — Lamont, CA
10209 Main St, Lamont, CA 93241
This H&R Block property offers investors an exceptional opportunity to acquire a triple net leased asset with a corporate guarantee. The 2,956 square foot building has been recently renovated and features a new 5-year NNN lease, offering stable income with no landlord responsibilities. H&R Block (NYSE:HRB) is a publicly traded company with an investment-grade credit rating (BBB by Standard & Poor's), operating over 12,000 stores across 50 states. The property is strategically located in Lamont, CA, part of the Bakersfield Metropolitan Statistical Area, ensuring strong brand recognition and consistent demand.
- Address: 10209 Main St, Lamont, CA 93241
- Asking price $598,000
- 6.23% cap rate
- NOI $37,246
- 3.7 years remaining
- NNN lease
- Year built: 1946
- Building size: 2,956 SF
- Lot size: 0.23 acres
- Lease expiration: Apr 30, 2022
- Rent increases: 2019: $38,363 (3,197/mo, $12.98/SF); 2020: $39,514 (3,293/mo, $13.37/SF); 2021: $40,699 (3,392/mo, $13.77/SF)
- Guarantor: Corporate
Location
This H&R Block property is at 10209 Main St in Lamont, California.
Asset type: Single Tenant Office