Seri Bryant

Associate

818.212.2655

"

The quality of your thinking determines the quality of your life. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Snyder

Senior Research Analyst

818.212.2731

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Andrea Tuch

Marketing Manager

818.212.2660

"

The highest form of wisdom is kindness."

Hunter Stratton

Associate

CA BRE:

818.212.2730

Hunter Stratton is the newest member of the NNN team. He started his career as an award-winning sales representative and sales manager for Southern Glazer’s Wine & Spirits. Where he represented some of the most prestigious brands in the industry like Dom Perigon, Jonnie Walker, and Don Julio. Due to Covid-19 he was forced to change careers and started working in residential real estate, working directly with one of the top agents in the Coachella Valley, California. Hunter’s natural ability to build trusting relationships, his motivation to succeed, and his innate customer service skills are an asset to brokerage.

When Hunter isn’t working you can find him at the golf course, fishing, or playing with his dog Harlow.

"

You must expect great things of yourself before you can do them. "

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