26712 Portola Pky | Foothill Ranch, CA 92610
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26712 Portola Pky
Foothill Ranch, CA 92610
Denny's Restaurant · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Very clean, well maintained NNN Denny's Investment. - Tenant/Franchisee guaranteed Lease.
- After Initial Lease Term, tenant has two 10 year options to renew.
- Tenant responsible for payment of current property taxes of $8,800. However, new buyer/landlord will be responsible for any increases in property tax
- This Orange County NNN property is in a prime location and has over 9 years left on the Initial Lease Term.
- Located in vibrant Foothill Ranch Towne Center - along with Target, McDonalds, Islands, In-N-Out, etc
- Current rent is $13,265/mo. Rent increases by 2% annually, however increases shall not increase annual rent above 10% of Tenant’s “Gross Sales” .
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,500 SF
Building Class
B
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.77 AC
Zoning
COMM
Parking
37 Spaces (6.73 Spaces per 1,000 SF Leased)
Frontage
244’ on Portola Pkwy
AMENITIES
- Restaurant
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 612-092-09 | Improvements Assessment | $704,204 |
| Land Assessment | $2,763,796 | Total Assessment | $3,468,000 |
PROPERTY TAXES
Parcel Number
612-092-09
Land Assessment
$2,763,796
Improvements Assessment
$704,204
Total Assessment
$3,468,000
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