700 S El Camino Real, San Clemente, CA for Sale
Fast Food - FOR SALE
1/8
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700 S El Camino Real
San Clemente, CA 92672


HIGHLIGHTS

  • Absolute NNN lease minimizes landlord responsibilities.
  • Recently executed 10-year lease with renewal options.
  • Annual rent increases provide built-in income growth.
  • Significant recent upgrades to roof, foundation, and building systems.
  • Located along El Camino Real with access to Interstate 5.
  • Leased to Luna Grill, a growing regional restaurant operator.

OVERVIEW

700 S. El Camino Real presents the opportunity to acquire a single-tenant retail investment leased to Luna Grill Restaurants, LLC under an absolute NNN lease structure. The property benefits from a recently executed 10-year lease term with two five-year renewal options and contractual annual rent increases, providing investors with predictable income growth and limited landlord responsibilities. Recent capital improvements include significant upgrades to the roof, structural foundation, and building systems, along with a complete tenant remodel reflecting Luna Grill’s latest brand design standards. The asset is positioned along El Camino Real, one of San Clemente’s primary commercial corridors, with convenient access to Interstate 5 and visibility within an established retail trade area. San Clemente is a coastal Orange County community known for its affluent residential base, regional tourism appeal, and established retail districts that attract both local residents and visitors. The property's location benefits from connectivity throughout Southern California via Interstate 5, Pacific Coast Highway, Amtrak Pacific Surfliner, and Metrolink service. Luna Grill has operated since 2004 and has expanded to more than 60 locations across California, Arizona, and Texas. The brand has established a presence within the fast-casual Mediterranean restaurant segment and continues to expand throughout the Southwest. Combined with the property's recent renovations, corporate tenancy, and coastal Orange County location, the investment offers a stabilized retail asset with long-term occupancy and contractual rental growth.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,481 SF

ZONING

C2

APN/PARCEL ID

692-142-43

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