2086 Service Rd - Fast Food FOR SALE


Thermal, CA 92274
$2,699,000 USD
818-421-7000
2086 Service Rd, Thermal, CA for Sale
$2,699,000 USD
Fast Food - FOR SALE
1/10
null | 5.18% Cap Rate

2086 Service Rd
Thermal, CA 92274


HIGHLIGHTS

  • Corporate Lease
  • Limited Competition
  • Prime Retail Location:
  • Busy Salton Sea Travel Plaza

OVERVIEW

Absolute Net (NNN) Sale Leaseback - This property is operating under a longterm, Absolute Net (NNN) lease with 13+ years remaining. The tenant is responsible for all real estate taxes, insurance, and property maintenance. Experienced, Strong and Growing Operator - Founded in 2006, Desert Jack, LLC owns and operates 50 Jack in the Box fast food restaurants in California. Next Door to Brand New Salton City Travel Plaza - The subject property is next to the Salton City Travel Plaza / Chevron Truck Stop, a convenient and highly visited stop for Ocotillo Wells visitors. This Chevron is equipped with 20 fuel pumps in the front and 20 diesel truck pumps in the back. The travel plaza also includes a state-of-the-art food court featuring national brands including Taco Bell, KFC, Pizza Hut, Subway, Yogurtland, Cinnabon and Coffee Bean & Tea Leaf. Jack in the Box sales have increased since the Plaza opened as the Travel Plaza has continued to drive more traffic to the property.

FOR SALE DETAILS

PRICE

$2,699,000 USD

PRICE/SF

$1,033 USD /SF

CAP RATE

5.18%

% 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

2015

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

C-2

APN/PARCEL ID

014-178-015-000

ASK ABOUT THIS PROPERTY

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818-421-7000

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818-421-7000

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