REEVES EXTRUDED PRODUCTS | $3,500,000 | 7.00% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Reeves Extruded Products Inc. a single-tenant property located at 1032 Stockton Avenue, Arvin (Bakersfield), CA. At close of escrow Reeves will execute a brand new 10 year absolute-net lease. The lease will have 1.5% annual rental increases including the two, 5 year options to extend.
The Reeves family started Reeves Extruded Products, Inc. in 1967. 50 years later, they are still family-owned and completely focused on providing quality solutions to customers. Reeves Extruded Products is committed to keeping clients in stock at competitive prices, while being responsive to changing demands. Reeve’s engineers quality into their solutions, from initial concept all the way to delivery. We are here to help you every step of the way. At Reeves, we believe our only chance to grow is by taking care of your needs.