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Taco Bell

12789 Foothill Blvd, Rancho Cucamonga, CA 91739

Price:
$2,660,000
CAP Rate:
4.05%
NOI:
$107,613
Net Rentable Area:
1,990 SF
Lot Size:
0.73 Acres
Year Built:
1993
Status:
SOLD

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

Property Details

  • 15 years remaining on base term of true NNN ground lease with 10% increases every 5 years
  • Tenant committed to the location. Tenant has occupied the site since 1994
  • Tenant has been at this location for 25+ years and recently extended their lease an additional 20 years
  • Visible from the I-10
  • Franchisee, J and R Hock Enterprises is a 20+ unit operator
  • Current rent payment is well below market rent
  • Surrounded by over 80,000 permanent residents in a 5-mile radius
  • Strong destination location, sitting as an out pad to a Food 4 Less anchored Center
  • Strategically located near Goodman Logistics Center, a 1,589,946 SF fulfillment center

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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