Commercial Real Estate /CA /Kern County /Ridgecrest /1020 N Norma St
Commercial Real Estate /CA /Kern County /Ridgecrest /1020 N Norma St
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1020 N Norma St - Fast Food FOR SALE


Ridgecrest, CA 93555 | 
Off Market
1/4

1020 N Norma St
Ridgecrest, CA 93555

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HIGHLIGHTS

  • ±11.5 years remaining | Nearly 40-year operating history and recent 10-year lease extension
  • Attractive percentage rent clause in the lease | 17% year-over-year increase in revenue from 2019-2020
  • Healthy, 5% rent/sales ratio and consistent sales growth over the past 4 years

FOR SALE DETAILS

PRICE

-

CAP RATE

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% LEASED

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TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Corp Del Taco | 55% Sales Growth since '17

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

1963

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

-

LAND SF

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ZONING

-

APN/PARCEL ID

421-050-07-00-5
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