31780 Del Obispo St - Fast Food FOR SALE
San Juan Capistrano, CA 92675- Downtown San Juan Capistrano |
$3,800,000 USD
818-259-0476
31780 Del Obispo St
San Juan Capistrano, CA 92675
Downtown San Juan Capistrano
HIGHLIGHTS
- Opportunity to acquire an irreplaceable single tenant net leased Del Taco drive-thru in a highly desirable market in Orange County, CA.
- Del Taco has seven (7) years remaining on the original lease with three (3), five (5)-year options to extend.
- The Subject Property is a trophy net lease investment along Del Obispo St, just steps from Mission San Juan Capistrano.
- Drive-thru permits in Orange County are exceptionally rare, particularly in established commercial corridors like Del Obispo Street.
- The Subject Property features five (5) parcels totaling 1.12 acres of land with leases signed by Del Taco and the City of San Juan Capistrano.
- The Del Taco Lease features an upcoming CPI rent increase of no more than fifteen percent (15%) and fair market value increases throughout the options
FOR SALE DETAILS
PRICE
$3,800,000 USD
PRICE/SF
$1,872 USD /SF
CAP RATE
3.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Del Taco
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
43
LAND DETAILS
LAND ACRES
1.12 AC
LAND SF
48,760 SF
ZONING
G-C
APN/PARCEL ID
668-241-34,668-241-35,668-241-36,668-241-38,668-241-39
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818-259-0476
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818-259-0476
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