About This Restaurant
Investment Highlights
Prime Redevelopment Opportunity (Drive-Thru Uses Permitted without CUP!) Surrounded By Heavy Development of Industrial/Logistic Projects High Traffic Intersection (over 44,000 CPD) Located Approx. 1,000 Ft From 215 Freeway Entrance
Executive Summary
Retail Link Associates is pleased to present this Commercial Development Opportunity with current income in place on month-to-month leases. The Property is zoned Business Flex (BF) which allows for many uses including Drive-Thru Restaurants and Express Car Wash without the need for Conditional Use Permit (CUP). Please see Brochure for additional details or contact Chandler J. Kelley at (949) 874-3228 / Chandler@retaillinkassociates.com
Property Details
- Sale Type Investment
- Sale Conditions 1031 Exchange 1031 Exchange Build to Suit Deferred Maintenance Redevelopment Project 1031 Exchange
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Convenience Store General Retail Fast Food General Retail Restaurant Freestanding
- Building Size 14,000
- Building Class C
- Year Built 1964
- Price 2,500,000
- Price Per SF 179
- Percent Leased 100
- Tenancy Multiple
- Building Height 2 Stories
- Building FAR 0.38
- Land Acres 0.84 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Mezzanine
- Restaurant
- Signalized Intersection
- Drive Thru
- Storage Space
Property Taxes
Parcel Number | 263-220-024 | Improvements Assessment | $751,189 |
Land Assessment | $732,249 | Total Assessment | $1,483,438 |
Date Created: | 2024-07-16 04:09:24 | Last Updated: | 2024-07-16 04:09:24 |
Address: | 13978 Old 215 Frontage Rd , Moreno Valley, California, 92553 |