About This Restaurant
Investment Highlights
Executive Summary
Total 5.04 acres, the front part has an existing restaurant which is free standing. In the back, the current owner is in the process of entitlement for 2 story retail/medical building. Medical facilities are in high demand in Murrieta due to many new built homes and increasing population. Owner plan to retire, will consider any offer. Property is in commercial zone. Restaurant is also available for lease including the ABC license.
Property Details
- Sale Type Investment or Owner User
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Restaurant
- Building Size 11,538
- Building Class A
- LoopNet Rating 4 Star
- Year Built 2017
- Price 7,900,000
- Price Per SF 685
- Cap Rate 4
- NOI 316,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 5.04 AC
Nearby Amenities & Transportation
| Retail | Starbucks | ||
| Retail | Flame Broiler | ||
| Retail | Alberto's Mexican Food | ||
| Retail | Sizzler | ||
| Retail | Capriotti's | ||
| Retail | Trader Joe's | ||
| Retail | Powerhouse Gym | ||
| Retail | California Coast Credit Union | ||
| Retail | Buffalo Wild Wings | ||
| Retail | Anytime Fitness |
Property Taxes
| Parcel Number | 912-020-008 912-020-010 | Improvements Assessment | $7,391,917 |
| Land Assessment | $13,862,523 | Total Assessment | $21,254,440 |
| Date Created: | 2024-07-16 04:09:24 | Last Updated: | 2024-07-16 04:09:24 |
| Address: | 40345 Hot Springs Rd , Murrieta, California, 92563 | ||