203 E Cole Rd - Fast Food FOR SALE


Calexico, CA 92231
$3,005,000 USD
650-269-5637
203 E Cole Rd, Calexico, CA for Sale
$3,005,000 USD
Fast Food - FOR SALE
1/27
null | 5.75% Cap Rate

203 E Cole Rd
Calexico, CA 92231


HIGHLIGHTS

  • Passive Absolute NNN Lease - Corporate Guaranteed
  • Strong Rent Growth - Fixed 8% Increases Every 5 Years
  • Established 20-Year Operating History

OVERVIEW

This offering represents the opportunity to acquire a stabilized, longterm single-tenant Jack in the Box restaurant in Calexico, California. The property features an absolute net lease, requiring zero landlord responsibilities, and provides predictable income with scheduled 8% rent increases every 5 years.

FOR SALE DETAILS

PRICE

$3,005,000 USD

PRICE/SF

$890 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

-

APN/PARCEL ID

059-010-035-000

ASK ABOUT THIS PROPERTY

David CutlerKidder MathewsMore Info
650-269-5637

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David CutlerKidder MathewsMore Info
650-269-5637

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