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Associate
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Seri.Bryant@MarcusMillichap.com
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Danny Abergel
Senior Associate
CA BRE: 01797904
818.212.2715
Danny.Abergel@MarcusMillichap.com
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Rebekah Snyder
Senior Research Analyst
818.212.2731
Rebekah.Zweiban@MarcusMillichap.com
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Ezra Orr
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818.212.2730
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Jesica Ocheltree
Operations Manager
818.212.2730
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Kathy Magallanes
Certified Agent Support Specialist
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Success is not in what you have, but who you are.
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Taco Bell
1190 Calimesa Blvd, Calimesa, CA 92320
Price:
$1,980,000
CAP Rate:
4.25%
NOI:
$84,186
Net Rentable Area:
2,200 SF
Lot Size:
1.06 Acres
Year Built:
1995/2015
Status:
Available
Download the Offering Memorandum for details about the tenant, lease, financials, and more.
DOWNLOAD THE OFFERING
Property Details
13 years remaining on base term of true NNN ground lease with 10% increases every 5 years including options
Tenant has been at this location for 25+ years and recently extended their lease an additional 14 years
13 year franchisee. Do Cook Me Tacos, operates 5-7 units
Visible from the I-10
Current rent payment is well below market rent
Surrounded by over 80,000 permanent residents in a 5-mile radius
Strong retail corridor serving as feeder to surrounding residential community
Ideally positioned with commercial frontage along the I-10 ( 95,000 VPD), one of the busiest thoroughfares in Riverside County
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