10901 Garden Grove Blvd - Fast Food FOR SALE


Garden Grove, CA 92843- Downtown Garden Grove
$2,600,000 USD
760-672-4450
10901 Garden Grove Blvd, Garden Grove, CA for Sale
$2,600,000 USD
Fast Food - FOR SALE
1/13
null | 4.12% Cap Rate

10901 Garden Grove Blvd
Garden Grove, CA 92843
Downtown Garden Grove


OVERVIEW

- Long-Term, Secure Lease Structure: Taco Bell is under a 25-year absolute NNN ground lease, expiring in 2044, with built-in 10% rent escalations every 5 years and four 5-year renewal options, offering stability and a secure income stream -Strong Brand and Operator: Taco Bell, a global leader in fast food, is owned by Yum Brands (YUM-NYSE) and has over 7,000 U.S. locations. The tenant is operated by Cotti Foods Corporation, an experienced franchisee with a significant portfolio of 83 Taco Bells, 94 Wendy's, and 10 Pieology restaurants. -Prime Orange County Location: Strategically located at a high-traffic intersection with easy access to major highways, the site enjoys strong visibility and attracts a broad consumer base. The location at Euclid Street and Garden Grove Blvd serves over 326,000 residents within a 3-mile radius. -Low-Risk Investment with Minimal Landlord Responsibilities: The property is a newly constructed, low-maintenance, absolute NNN lease asset where the tenant is responsible for all property expenses, reducing oversight and risk for the owner -Embedded Rent Increases: The lease includes 10% rent increases every 5 years, providing a built-in hedge against inflation and ensuring rent growth over the lease term -Proven Regional Retail Hub: The property benefits from being part of a well-established commercial retail area, surrounded by major retailers and complementary businesses that drive traffic to the location -No Financing Encumbrances: The property is free of any existing debt, providing investors with a clean, debt-free acquisition and potential for immediate returns.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$1,029 USD /SF

CAP RATE

4.12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

CCSP-DC

APN/PARCEL ID

089-212-50

ASK ABOUT THIS PROPERTY

Mie KimColdwell Banker Commercial RealtyMore Info
760-672-4450

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Mie KimColdwell Banker Commercial RealtyMore Info
760-672-4450

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.