31736 Casino Dr - Restaurant FOR SALE
Lake Elsinore, CA 92530 |
$1,460,870 USD
858-900-3700
31736 Casino Dr
Lake Elsinore, CA 92530
HIGHLIGHTS
- Absolute NNN Lease: A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
- Features a Hut Lane drive-thru for streamlined pickups, mobile orders, and third-party delivery access.
- Opportunity to acquire a fully built restaurant property at a price below current construction costs
- The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.
- This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
- Lake Elsinore benefits from Inland Empire growth, infrastructure investment, and retail development, driving long-term demand for QSR and retail.
FOR SALE DETAILS
PRICE
$1,460,870 USD
PRICE/SF
$475 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pizza Hut NNN Leased Drive-Thru Restaurant
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
0.79 AC
LAND SF
34,412 SF
ZONING
General Commercial (C-2)
APN/PARCEL ID
363-171-010
ASK ABOUT THIS PROPERTY
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858-900-3700
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858-900-3700
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