1535 E Second St - Fast Food FOR SALE


Beaumont, CA 92223
$3,785,000 USD
844-585-7636
1535 E Second St, Beaumont, CA for Sale
$3,785,000 USD
Fast Food - FOR SALE
1/6
null | 4.65% Cap Rate

1535 E Second St
Beaumont, CA 92223


HIGHLIGHTS

  • Single-Tenant Raising Cane’s with Double Drive-Thru
  • 10 Years Remaining on Absolute NNN Corporate Ground Lease
  • Excellent Accessibility and Freeway Visibility from Interstate 10
  • Outparcel to Dominant Regional Retail Hub
  • Nearby Tourist Destinations Include Palm Springs, Morongo Resort & Casino, and Greater Palm Springs With Over 15 million Annual Visitors
  • High-Growth Trade Area Adjacent to two master planned communities, Butterfield and Sundance, with approximately 9,000 residential units

OVERVIEW

Absolute NNN Ground Lease | 10% Increases Every 5 Years | Below Average Rent

FOR SALE DETAILS

PRICE

$3,785,000 USD

PRICE/SF

$942 USD /SF

CAP RATE

4.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Raising Cane's | Beaumont, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,491 SF

ZONING

-

APN/PARCEL ID

419-771-009

ASK ABOUT THIS PROPERTY

Lee CsenarHanley Investment Real Estate AdvisorsMore Info
844-585-7636

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Lee CsenarHanley Investment Real Estate AdvisorsMore Info
844-585-7636

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