29160 Central Ave - Restaurant FOR SALE


Lake Elsinore, CA 92532
$3,110,000 USD
844-585-7684
29160 Central Ave, Lake Elsinore, CA for Sale
$3,110,000 USD
Restaurant - FOR SALE
1/5
null | 4.5% Cap Rate

29160 Central Ave
Lake Elsinore, CA 92532


HIGHLIGHTS

  • New Construction Single-Tenant Pollo Campero Drive-Thru: 15-year corporate absolute NNN ground lease
  • Pollo Campero is the world’s largest Central American Chicken brand with140+ locations in the U.S. and 350+ restaurants worldwide
  • Pad to New Stater Bros Market-Anchored Retail Development: Other co-tenants will include 7-Eleven, Dutch Bros Coffee, and Super Star Car Wash
  • Located within the Trade Area’s Dominant Retail Corridor: Surrounding shopping centers see 13+ million combined annual visits (Placer.ai)
  • Notable Nearby Anchor Tenants Include Costco, Lowe’s, Grocery Outlet, Target, Walmart Supercenter, The Home Depot, and LA Fitness
  • Highly Visible Retail Shopping Center with Excellent Accessibility, Exposure, and Identity

OVERVIEW

15-Year Absolute NNN Corporate Ground Lease | Pad to New Stater Bros Market-Anchored Center | Located within Regional Retail Corridor (13M Combined Annual Visits, Placer.ai)

FOR SALE DETAILS

PRICE

$3,110,000 USD

PRICE/SF

$1,175 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pollo Campero | Lake Elsinore, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

377-020-031

ASK ABOUT THIS PROPERTY

Bill AsherHanley Investment GroupMore Info
844-585-7684

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

Bill AsherHanley Investment GroupMore Info
844-585-7684

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