29640 Goetz Rd - Fast Food FOR SALE


Menifee, CA 92587
$1,999,866 USD
949-688-1280
29640 Goetz Rd, Menifee, CA for Sale
$1,999,866 USD
Fast Food - FOR SALE
1/4
null | 6% Cap Rate

29640 Goetz Rd
Menifee, CA 92587


HIGHLIGHTS

  • Low-Rent, Low Price-point QSR

OVERVIEW

• Single-Tenant La Bufadora Baja Grill: ° Corporate Lease from rapidly expanding Mexican restaurant brand ° NN+ Lease with minimal landlord responsibilities, ideal for a passive investor ° 5-Year initial lease term w/ three (3), 5-year Options ° 5.00% Annual Increases in Primary Term (Starting in 2028) • About La Bufadora Baja Grill: ° Private, Southern California-Based Company ° Multi-Unit, Fast-Casual, Mexican Restaurant ° 13 Stores & actively expanding throughout select Southern California markets ° Experienced Operator w/ Close to 30-years servicing their loyal customers

FOR SALE DETAILS

PRICE

$1,999,866 USD

PRICE/SF

$526 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Bufadora

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,678 SF

ZONING

Commercial

APN/PARCEL ID

351-074-024

ASK ABOUT THIS PROPERTY

Jonathan SchifferRealSource GroupMore Info
949-688-1280

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

Jonathan SchifferRealSource GroupMore Info
949-688-1280

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