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Taco Bell

1190 Calimesa Blvd, Calimesa, CA 92320

Price:
Undisclosed
CAP Rate:
N/A
NOI:
$84,186
Net Rentable Area:
2,200 SF
Lot Size:
1.06 Acres
Year Built:
1995/2015
Status:
SOLD

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

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

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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