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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$40,000,000

Est. payment - /mo

3,201.7 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26036436

Lot Size 3201.700 Acres

Property Sub-Type Lots/Land

Property Description

NNN Leased Commercial Wine Grape Vineyard offering 9-10% IRR. 3,200 acre wine grape ranch under long-term CASH RENT lease to high quality, large-scale grower/winemaker tenant. Lease runs to the end of 2036 with tenant option to renew for five subsequent one year renewals. Thus, lease could extend through the end of 2041. The lease is contracted at $3,939,924 ($1,260/contracted acre) cash rent for 2025 with escalators of 2.5% annually. Sale is improved with two stick-built homes (3,649 SF & 2,797 SF), four mobile homes, horse stable, couple pole sheds, fuel depot and other ancillary structures. Irrigation water is supplied by twenty (20) on-site irrigation wells with surface water from the Eastside Bypass & Ash Slough when available. In addition, 209.90 acres are in the Chowchilla Water District as a subordinate user. All planted acreage is irrigated via drip system.

Location

State CA

County Madera

Direction 20303 Road 4, Chowchilla

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 020160008

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Randy Edwards, DRE#01424270 Edwards, Lien & Toso, Inc.

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20303 Road 4 Chowchilla, CA 93610

Kobe Zimmerman

Key Details

Location

Interior

Exterior

Others

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20303 Road 4