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31517995
31517996

2860 Lenwood Rd, Barstow, CA 92311

PB
CA 01325076
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County
$2,975,000
65 days on market
Updated 65 days ago

Habit Burger & Grill

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,952
Net Rentable (SqFt) 3,952
Cap Rate 5.9%
NOI $175,450
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 11/01/2032
Remaining Term 6.4
Rent Bumps Yes
Price per SqFt $753
Class A
Buildings 1
Stories 1
Acreage 0.810
Parking Spaces 40 per 1,000 sq ft
Investment Type Net Lease
Ground Lease Yes
Ownership fee interest - Ground Lease

Habit Burger- Absolute NNN Ground Lease -5.9% Cap Rate-Strong Sales Location

Marketing description

The Habit Burger Grill at 2860 Lenwood Road, Barstow, CA 92311 offers investors the opportunity to acquire a high-visibility absolute net ground lease positioned at one of Southern California’s most traveled freeway retail corridors. Built in 2017, this 3,952-square-foot drive-thru restaurant sits on approximately 0.81 acres at the signalized intersection of Lenwood Road and the I-15 freeway, where traffic counts exceed 86,000 vehicles per day.

This asset benefits from exceptional regional draw, located adjacent to the Outlets at Barstow and surrounded by a strong lineup of national retailers, hotels, fuel stations, and quick-service restaurants serving the millions of travelers moving between Los Angeles, Las Vegas, and San Diego. The site also features prominent 65-foot freeway signage, enhancing visibility and customer access.

Backed by Habit Burger Grill, a Yum! Brands concept, the offering provides a passive investment structure with zero landlord management responsibilities and scheduled 10% rent increases every five years. Placer.ai ranks this location among the top-performing Habit Burger stores in California and nationwide, underscoring the property’s strong sales performance and durable long-term appeal.

Investment highlights

  • Zero Management Responsibilities
  • Absolute NNN Ground Lease
  • 10% Rent Increases every 5 Years
  • I-15 Freeway and Lenwood Road -86,000 Cars Per Day
  • Top 1/3 in Sales Nationwide - Per Placer AI
  • 5.9% Cap Rate
  • 65 Foot Freeway Signage
  • Excellent QSR Location

Listing Contacts

PB
CA 01325076
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$175,450.00
$14,620.83/mo

Valuation Metrics

0
DSCR
5.9%
Cap Rate
5.9%
ROI

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