2421 Cottonwood Dr - Restaurant FOR SALE
El Centro, CA 92243 |
$1,934,818 USD
214-295-8753
2421 Cottonwood Dr
El Centro, CA 92243
HIGHLIGHTS
- 22+ years of occupancy demonstrates exceptional site strength and tenant commitment
- Absolute NNN lease with zero landlord responsibilities and passive income structure
- Sub-6% rent-to-sales ratio reflecting outstanding unit-level store performance
- Traffic counts exceeding 22,000 vehicles per day along primary commercial corridor
- 10% rent increases at each of four five-year renewal options for built-in growth
- Outparcel to Food 4 Less and Dollar Tree anchored center with strong daily traffic
FOR SALE DETAILS
PRICE
$1,934,818 USD
PRICE/SF
$357 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Applebee's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
1.13 AC
LAND SF
49,223 SF
ZONING
-
APN/PARCEL ID
064-443-002-000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-295-8753
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
214-295-8753
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
