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INVESTMENT HIGHLIGHTS
High income area with an average household income of $130K in a 5 mile radius.
Single-tenant NNN H&R Block with high historical occupancy since 1979.
Recently installed new HVAC units and new gas furnace with Tenant contributions in excess of $28K.
The Properties are located on McLoughlin Blvd, a prominent retail arterial, with heavy automobile traffic with four lanes, center turn lane and sidewalks.
H&R Block just signed early 3-year lease extension.
Additional billboard income, the billboard is leased by OUTFRONT Media, currently on a 10-year term expiring December 2026.
H&R Block is operating under passive lease terms with limited Landlord responsibilities.
Each building sits on its own tax lot and was designed to be split in ½ making the properties easy to split if need be.
