1190 Calimesa Blvd | Calimesa, CA 92320
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- LoopNet Team
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’ on Calimesa Boulevard
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 411-190-051 | Improvements Assessment | $1,184,451 |
| Land Assessment | $898,418 | Total Assessment | $2,082,869 |
PROPERTY TAXES
Parcel Number
411-190-051
Land Assessment
$898,418
Improvements Assessment
$1,184,451
Total Assessment
$2,082,869
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