This Retail Property is no longer advertised on LoopNet.com.
1190 Calimesa Blvd
Calimesa, CA 92320
Taco Bell · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant has been at this location for 25+ years and recently extended their lease an additional 14 years.
- Visible from the I-10.
- Surrounded by over 80,000 permanent residents in a 5-mile radius.
- 13 years remaining on base term of true NNN ground lease with 10% increases every 5 years including options
- Current rent payment is well below market rent.
- Strong retail corridor serving as feeder to surrounding residential community
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,200 SF
Building Class
C
Year Built/Renovated
1995/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.06 AC
Zoning
CP - General Commercial
Frontage
168 FT on Calimesa Boulevard
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
LINKS
PROPERTY TAXES
Parcel Number | 411-190-051 | Improvements Assessment | $1,138,458 |
Land Assessment | $863,532 | Total Assessment | $2,001,990 |
Learn More About Investing in Retail Properties
Listing ID: 19940856
Date on Market: 6/16/2020
Last Updated:
Address: 1190 Calimesa Blvd, Calimesa, CA 92320
The Retail Property at 1190 Calimesa Blvd, Calimesa, CA 92320 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.