Listed by SRS Real Estate Partners Newport Beach
$1,350,000
Vacant Retail Building
Details
APN 004231166000020000339
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,950
Tenancy Vacant
Lease Type NN
Lease Term 11
Lease Expiration 02/27/2034
Remaining Term 7.6
Price per SqFt $692
Year Built 2023
Acreage 0.980
Parking Spaces 40 spaces
Parking per 1,000 SqFt 20.51
Tenant Credit Corporate Guarantee
Lease Commencement 02/28/2023
Ground Lease No
Ownership Fee Simple (Land & Building)
Retail | 1,950 SqFt
Investment highlights
- Recently constructed 1,950 SF freestanding retail building completed in 2023
- Existing dual drive-thru configuration, commercial kitchen infrastructure, and modern improvements significantly reduce tenant build-out costs
- Situated on a 0.98-acre parcel with 40 parking spaces, excellent circulation, and multiple points of ingress/egress
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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