Great stabilized income producing property in Richmond, CA with accredited tenant - Citibank 1.5% annual increases in rent Total term: 30 years ( Original lease signed in 2014 which expires in 2024 plus Four 5 year options ) Citibank has waived its termination clause recently, showing commitment to the site.  Highlights: Triple Net Investment Grade Tenant  CitiBank CAP Rate: 5% 1.5% annual increases in rent VTA kind public transit on MacDonald Ave being proposed (buyer to verify from the city) There is a bus stop right in front of the Citibank Proximity to BART, Freeways and soon to start ferry service to SF  This property has an upside - re-development opportunity in the future if and when the bank leaves. The city will allow mixed used with 20 condo's / apartments and retail below (Buyer to verify) CM-4 zoning.

The manager has listed the unit size as 4677 square feet.