19399 Bear Valley Rd - Fast Food FOR SALE


Apple Valley, CA 92308
$5,600,000 USD
442-241-0128
19399 Bear Valley Rd, Apple Valley, CA for Sale
$5,600,000 USD
Fast Food - FOR SALE
1/12
null | 5% Cap Rate

19399 Bear Valley Rd
Apple Valley, CA 92308


HIGHLIGHTS

  • Absolute NNN investment opportunity on a brand-new lease with Raising Cane’s, offering passive, reliable income and zero landlord responsibilities.
  • 15-year lease term plus renewal options, with 10% rent increases every five years or at the beginning of option periods for sustained NOI growth.
  • Prime location just off the intersection of Bear Valley Road and Apple Valley Road, with exceptional visibility to over 59,200 daily vehicles.
  • Newly constructed retail development, anchored by Sprouts Market, within a dense retail corridor that draws strong crossover exposure.
  • Near the Jess Ranch Marketplace, one of the nation’s highest-trafficked shopping centers that attracts over 6.8 million annual visitors.
  • Robust 5-mile demographics include 137,000+ residents with an average household income over $83,000 and more than $1.4B in annual consumer spending.

OVERVIEW

SRS National Net Lease presents an exceptional investment to acquire the leased fee interest in an absolute NNN, corporate-guaranteed Raising Cane’s property, ideally located at 19399 Bear Valley Road in Apple Valley, California. This newly constructed freestanding asset benefits from a brand-new lease with Raising Cane’s Restaurant LLC, one of the fastest-growing restaurant brands in the nation, now boasting more than 900 locations across over 40 states. The tenant’s commitment to this premier site is reflected in a 15-year lease agreement, complemented by three 5-year renewal options and an additional 4-year option. The lease structure provides 10% rental increases every five years for the original term, and at the commencement of each option period, ensuring consistent growth in net operating income and a reliable hedge against inflation. With absolute NNN terms and no landlord responsibilities, this investment delivers truly passive, dependable rental income. 19399 Bear Valley Road is set within the newest retail development in Apple Valley and Northern San Bernardino County, occupying a prominent northwest pad with significant street frontage, an ideal configuration for a fast-food operator. Positioned with direct visibility along Bear Valley Road, the property can be seen by more than 59,200 vehicles per day, strategically near the high-traffic intersection with Apple Valley Road, offering an added 25,400 daily vehicles. The intersection is home to a robust lineup of national and credit tenants such as The Home Depot, Target, Stater Bros, Lowe’s, and the highly trafficked Jess Ranch Marketplace. The Marketplace ranks in the top 98th percentile of shopping centers nationwide, attracting more than 6.8 million visitors annually with industry-leading tenants such as WinCo Foods, Cinemark, 24 Hour Fitness, Burlington, and Best Buy. This high-traffic environment amplifies the draw for Raising Cane’s and ensures a steady stream of potential customers. The surrounding area delivers a compelling investment market with desirable demographics when looking within 5 miles of the property. With more than 137,000 residents and 28,900 employees in the region, the area provides an expanding customer base that earns an average household income exceeding $83,800. These affluent residents drive over $1.4 billion in annual consumer spending, providing a solid foundation for continued retail success. With a long-term, guaranteed lease backed by a top-tier restaurant brand and a prime location in a rapidly developing retail corridor, 19399 Bear Valley Road stands out as a premier, management-free retail investment opportunity.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$1,579 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Raising Cane's | New 15yr Corp NNN Grd Lse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

11.8 AC

LAND SF

514,008 SF

ZONING

GC

APN/PARCEL ID

0434-021-37

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
442-241-0128

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Patrick LutherSRS National Net LeaseMore Info
442-241-0128

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