Listed by SRS Real Estate Partners Newport Beach
$3,274,000
Wienerschnitzel
Details
Property Type Retail
Sub Type Restaurant, QSR/Fast Food
Square Footage 863
Cap Rate 5.65%
NOI $185,000
Tenancy Single
Lease Type Absolute NNN
Lease Term 25
Rent Bumps Yes
Year Built 2026
Acreage 0.750
Zoning Manufacturing Service Commercial (M-SC)
Parking Spaces 13 spaces
Parking Per SqFt 15.06
Investment Type Sale/Leaseback
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
Retail | 5.65% CAP | 863 SqFt
Marketing description
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Wienerschnitzel investment property located in Corona, California. The tenant, Wienerschnitzel recently signed a brand new 25-year lease, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.
Investment highlights
- Brand-new, build-to-suit Wienerschnitzel scheduled for completion in 2026, paired with a long-term Absolute NNN lease
- Lease features 10% rental increases every five years, providing steady NOI growth and an attractive inflation hedge
- Investment is backed by a personal guaranty, offering additional credit support (speak with agent for details)
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$185,000.00
$15,416.67/mo
Valuation Metrics
0
DSCR
5.65%
Cap Rate
5.65%
ROI
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