$ 40,000,000
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$40,000,000
Price -
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SqFt
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About the Listing CHELT - CHAG004002
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.
Listing Highlights
Status
Active
Days on Site
43
Property Type
Vacant Land
MLS ®
SN26036436
Year Built
Total Square Footage
0
Lot/Acreage
3201.7
Land Lease
¤3,939,924.00 Annually
County
Madera
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
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- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Agricultural Well,Private,Well
Exterior Details
- Lot Description: Agricultural,Land Lease
- Garage Capacity: N/A
- Zoning: AE-40
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 020160008
- Tax Year: N/A
Payment Calculator
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Questions About..
20303 Road 4 Chowchilla, CA 93610
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