SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN, Alessa Restaurant investment property located in Laguna Beach, California (Orange County). The tenant has 20 years remaining on its lease and has occupied the site since 2000, demonstrating their commitment to the site. The lease features annual CPI based rental increases, growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. The tenant is Chef Alessandro Pirozzi, Inc., which operates Alessa and additional Orange County restaurant concepts. The Seller is currently completing various major capital improvements scheduled for completion by late January 2026 (contact agent for details).