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Properties for Sale
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Island's Restaurant
26582 Towne Centre Drive, Foothill Ranch, CA 92610
Price:
$3,680,000
CAP Rate:
4.15%
NOI:
$153,000
Net Rentable Area:
5,200 SF
Lot Size:
1.10 Acres
Status:
SOLD
Download the Offering Memorandum for details about the tenant, lease, financials, and more.
DOWNLOAD THE OFFERING
Property Details
NNN Ground Lease with 10 years remaining
No landlord responsibilities
Buyer benefits from advanced rents. Priced on December 2018 rent bump
Annual escalations hedge against inflation
Fast growing Foothill Ranch Community with 360,000 SF planned out retail space within the next 5 years
The site is an out pad to a 1.2 (mil) square foot shopping center
Community seasoned with 20 year presence
RECENT LISTINGS
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