$384,20000 tenant payments have been made since commencement. City of Dana Point Planning commission approved project on June 9th, 2025!  6.68% CAP RATE. Construction to begin soon. Prime Capistrano Beach/ Dana Point location off Pacific Coast Highway at the Doheny Road Exit, directly off the freeway exit when entering into Dana Point off Interstate 5. Triple-Net (NNN) long term lease with National Credit Tenant. The property has been leased to a tenant who will offer electric car chargers for the public and has thousands of electric car charging stations nationwide. This is a terrific long term investment, cap rate and NOI. Charging Stations, Charging equipment to serve electrical vehicles is scheduled to be installed on the site (Tenant Improvements) Great location across from Doheny State Beach in a legacy neighborhood making this a great long term income property and asset hold in an amazing beach community. The property is offered for $3,700,000 Common Questions: What will I do with the property after the tenant leaves? Answer: The initial lease is 10 years or 120 months with 2, 5 year extensions-each year there is an automatic 3% rental increase. Once the tenant vacates the land is already approved for EV charging, so the situation would allow the owner to install their own EV Chargers and not only own the land, but profit off the EV Charging Fees collected from cars using the chargers. Questions: Once the tenant vacates what are added benefits to owning this land? Answer: If you opted to install car chargers you would not only have the income from the car chargers, but additionally, you would have depreciation of the capital improvements. The land value appreciation itself is a major added benefit. If you research the Dana Point Revitalization project you will see that the entire harbor is under a major renovation and transformation. Doheny Village in Dana Points values are predicted to rise significantly over the next decade and so the resale value of the land is a significant factor with this investment. What other benefits does this land purchase offer? Answer: Another option once the tenant vacates is to install the EV Chargers and then sell the land as an income producing property with the EV Charging Stations Capital Improvements, the revenue the chargers collect and sell the land at a premium to a buyer seeking this type of business/ income investment. -monthly lease rate is: $20,600 -annual income is: $247,200 -CAP rate is 6.68% -Annual automatic rental increase: 3% ( rents will increase to $21,218 in December of 2025) -tenant is: AAA Rated, National Credit Tenant-Thousands of EV stations nationwide -property is located at: 25825 Las Vegas Ave, Dana Point, CA -lease start date was: 12/21/22 ( 18 months ago) -first months payment was made: 12/21/23-December of 2023 through September of 2024 payments have been made by tenant -Tenant has paid approx. $384,200 in lease payments as of June 21, 2025. -10 year lease with 2, 5 year extensions -Project is close to begin construction. All approvals in place. Permits are about to be pulled. *Dana Point Planning Commission has approved the project as of 6/9/25. -CD100's, Final Renderings, FEMA & SDGE(San Diego Gas and Electric)approvals along with DP Planning Commission in place. -City of Dana Point to issue Permit in June 2025 Contact me with further questions about this amazing opportunity with an incredible return.  Dana Point Land and assets are booming! This is a HOT investment you do not want to miss. Project is close to begin construction. All approvals in place. Permits are about to be pulled. Here is a link to the Dana Point Revitalization plan: https://danapointharbor.com/revitalization/