40640 California Oaks Rd - Freestanding FOR SALE
Murrieta, CA 92562 |
$7,280,000 USD
949-244-9335
40640 California Oaks Rd
Murrieta, CA 92562
HIGHLIGHTS
- Two-Tenant Absolute NNN Investment: Both tenants feature new 20-year initial term absolute NNN ground leases
- Quick Quack Car Wash: 20-year initial lease term; 16 years remaining
- Popeyes: 20-year initial lease term; 10% increases every 5 years
- High-Traffic Location at the Signalized Intersection of California Oaks Road and Jackson Avenue (52,000 CPD)
- Excellent Accessibility and Visibility; Close Proximity to Interstate 15
- Affluent and High Growth Demographics: Over 162,000 residents within a 5-mile radius
FOR SALE DETAILS
PRICE
$7,280,000 USD
PRICE/SF
$2,696 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Quick Quack Car Wash & Popeyes | Murrieta, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.78 AC
LAND SF
77,537 SF
ZONING
CC
APN/PARCEL ID
949-470-029
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949-244-9335
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949-244-9335
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