Commercial Real Estate Sales Broker & Capital Advisor
Listed by Commercial Real Estate Sales Broker & Capital Advisor
$3,750,000
Deal terms not defined, request your own terms when submitting an LOI. Learn more
Reduced Price with Increasing Rent - QSR w/ Drive-Thru
Details
APN 219-210-23-00
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 1,848
Units 1
Cap Rate 5.48%
NOI $205,500
Occupancy 100%
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Broker Co-Op Yes
Class C
Year Built 1985
Buildings 1
Stories 1
Lot Size (SqFt) 23,360
Zoning MU-3
Parking Spaces 20 spaces
Parking Per SqFt 10.82
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
Sale Condition 1031 exchange
San Marcos Drive--thru QSR property in Path of Future Development
Marketing description
Asking $3.75MM - Submit All Reasonable Offers
Tenant is on long-term lease, but contractually obligated to vacate within six months if requested by the new buyer. Call broker for details.
Prime San Marcos drive-thru restaurant property with future development potential.
This 1,848 s/f building, constructed in 1985, is situated on just over a half acre, and has a valuable mixed-use zoning that you can investigate further at this link and this link. Premium location for future development in an area with planned new developments
On-Site Parking Spaces: 20 (with more off-site)
* Per Title Records.
Buyer to independently verify everything.
Listing Contacts
Commercial Real Estate Sales Broker & Capital Advisor
Listed by Commercial Real Estate Sales Broker & Capital Advisor
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$205,500.00
$17,125.00/mo
Valuation Metrics
0
DSCR
5.48%
Cap Rate
5.48%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
