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31247645
31247647

738 Main Street, Chula Vista, CA 91911

PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
MM
CA 01732226
SRS Real Estate Partners Newport Beach
GL
CA 02069301
SRS Real Estate Partners San Diego
Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners San Diego
$4,235,000
72 days on market
Updated 66 days ago

Taco Bell

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,395
Cap Rate 4.25%
NOI $180,000
Tenancy Single
Brand/Tenant Taco Bell
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options 3 (5-Year)
Price per SqFt $1,768
Year Built 2026
Zoning ILP
Parking Spaces 18 spaces
Parking Per SqFt 7.52
Tenant Credit Franchisee
Ground Lease Yes
Ownership Leased Fee (Land Only)

Retail | 4.25% CAP | 2,395 SqFt

Investment highlights

  • Franchisee Guaranteed Ground Lease | Experienced Operator | Scheduled Rental Increases | Drive-Thru Equipped

  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities

  • Part of New Retail Development | Interstate 805 (262,000 VPD) | New Housing Developments

  • Strong Demographics In The Immediate Trade Area

Listing Contacts

PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
MM
CA 01732226
SRS Real Estate Partners Newport Beach
GL
CA 02069301
SRS Real Estate Partners San Diego
Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners San Diego

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$180,000.00
$15,000.00/mo

Valuation Metrics

0
DSCR
4.25%
Cap Rate
4.25%
ROI

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Additional Information

Name
Garrett Colburn
License
CA License No. #01416734
Brokerage
SRS Real Estate Partners, LLC
Title
Broker of Record
Name
Patrick R. Luther, CCIM
License
01912215
Brokerage
SRS
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