Beta is pleased to present a new ground leased Farmer Boys for sale located in Newbury Park, CA. Farmer Boys has ground leased approximately 55,443 SF of land and is building an approximate 3,184 SF building which is currently under construction. Farmer Boys is expected to open in Summer 2019 and is part of the phase II construction of the 575,644 SF regional shopping center. Farmer Boys Food Inc (corporate signature) entered into a 20 year lease term with 10% increases in base rent every 5 years.
Farmer Boys is located at The Village at Newbury Park, the dominant power center in the trade area. The Village at Newbury Park is the dominant center in the trade area with over 575,644 SF of promotional retailers and restaurants including Lowe’s, Target, Home Depot, LA Fitness, Staples and Petsmart. It is located in the dynamic, affluent, high growth, high income trade area of Thousand Oaks/Newbury Park. The site is located at 101 Freeway at Wendy Drive. The site also features significant daytime population with over 56,000 employees within 5 miles.