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.
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Listing Snapshot
Price
$40,000,000
Days On Site
17 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
3,201.7 Acres
Year Built
N/A
MLS® Number
SN26036436
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 weeks ago
Listing first seen on site
3 weeks ago
Listing updated with changes from the MLS®
General Features
Acres
3201.7
Land Lease
Yes
Lease Amount
$3939924.0
Lease Amount Frequency
Annually
Special Circumstances
Standard
Water Source
PrivateWell
Zoning
AE-40
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Exterior Features
Lot Features
Agricultural
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Vineyard
Waterview
Vineyard
Community Features
Community Features
Stable(s)
Financing Terms Available
CashConventional
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Neighborhood & Commute
Source: Walkscore
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