Highly exclusive ground lease opportunity off dense commercial corridor!
• Long-term ground lease re-development opportunity on a 29,085 SF (0.67 Acres) parcel.
• Signalized corner-lot off Telegraph Road's dense commercial corridor.
• Existing buildings include Alberto's Mexican Food (1,700 SF) and vacant auto-body/transmission service station (3,316 SF).
• Intersection corners shared with ALDI, Carls, Jr., and 7/11.
• Established outparcel to two major shopping centers housing high-traffic generating big-box retail and restaurant tenants including Wal-Mart, Target, In-N-Out and more.
• M-2 zoning allows banking, automotive, and restaurant uses BY RIGHT; Drive-thru uses with CUP.
• HIGH traffic count of 48,105 CPD at Telegraph Rd/Painter Ave.
• STRONG surrounding demographic profile.
o Asking yearly minimum rent: $165,000 NNN
Please see attached brochure for more information.
