Taco Bell - Calimesa

Asset Type

Retail

Address
1190 Calimesa Blvd Calimesa, CA United States 92320-1509
Asking Price

S$2,877,000

Sq Footage

2,200

Year Built

N/A

Cap Rate

4.01%

Additional Attributes
Current / Passing Rent S$115,300
Guarantor 0011n00001nLvghAAC
Lease Expiration 2034-12-31
Lease Type NNN
Options 2 x 5 years
Tenant TACO BELL Corporation

Property Description

A commercial stand alone one story Taco Bell Restaurant, ideally positioned with commercial frontage along the I-10 (95,000 CPD) and adjacent to Stater Bros Anchored Shopping Center. The site is surrounded by 80,000 permanent residents in 5 miles.

Investment Highlights

  • 15± year corporate Taco Bell ground lease with 10% increases every 5 years including options
  • High volume NNN Taco Bell 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.
  • Ideally positioned with commercial frontage along the I-10 ( 95,000 VPD), one of the busiest thoroughfares in Riverside County.
Listing Contacts
Jordan Uttal
Jordan Uttal
VP, Capital Markets
+65 3159 4021
CA - 1856260
Jason Gribin
Jason Gribin
VP, Capital Markets
+65 3159 4021
01819611
Tom Lagos
Tom Lagos
EVP, Capital Markets
01196027
Patrick Toomey
Patrick Toomey
EVP, Capital Markets
+65 3159 4021
CA - 881133
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