La Bufadora - Menifee, CA
Low-Rent QSR | 5.00% Annual Increases
Marketing description
Recent, 2024 Construction w/ Drive-Thru
Minimal QSR Competition in the Market, and positioned within a corridor of Dense & Affluent Demographics: 149,000+ Residents & $146,700+ Average Household Incomes within 5-miles
Nearby Retail Development : Close to 750K+ Square Feet of Retail space has been added in last 5-years (50% Growth)
Direct Ingress & Egress Access to Goetz Rd (18,000+ CPD)
Adjacent to ARCO Gas Station/C-Store, benefiting the site w/ supplemental daily traffic flow
Nearby Infrastructure Development: Interstate lane widening of I-215 to 8-lanes
Menifee Blvd extension (2026)
Menifee, CA: #4 fastest growing city in California: 32% Population Increase from 2010-2020
3-5% Growth Rate Annually
Numerous Master-Planned Communities surrounding the Property: Audie Murphy Ranch - $140,000+ Average household Incomes w/ 10% annual value appreciation
Menifee Lakes - $130k+ Average household incomes w/ 2 golf courses
Riverside-San Bernardino-Ontario, California MSA: #3 Most Populous MSA in CA
5th Strongest Population growth in the USA
Ranked 20th in USA for GDP
Investment highlights
LINK TO OFFERING MEMORANDUM: https://realsource.com/listings/
Single-Tenant La Bufadora Baja Grill:
Corporate Lease from rapidly expanding Mexican restaurant brand
NN+ Lease with minimal landlord responsibilities, ideal for a passive investor
5-Year initial lease term w/ three (3), 5-year Options
5.00% Annual Increases in Primary Term (Starting in 2028)
Starbucks, McDonald’s, Chick-Fil-A, Chipotle, Wendy’s, Burger King, Taco Bell, KFC, Raising Cane’s, Culver’s, Panera Bread, 7-Eleven, Wawa, Sheetz, Circle K, Black Rock Coffee, Better Buzz Coffee
About La Bufadora Baja Grill:
Private, Southern California-Based Company
Multi-Unit, Fast-Casual, Mexican Restaurant
13 Stores & actively expanding throughout select Southern California markets
Experienced Operator w/ Close to 30-years servicing their loyal customers
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