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29190 Central ave
Lake Elsinore, CA 92532
Dutch Bros | Lake Elsinore, CA · Retail Property For Sale
Investment Highlights
- New Construction Single-Tenant Dutch Bros. Drive-Thru; 15-Year Absolute NNN Corporate Ground Lease
- No landlord responsibilities; passive single-tenant net leased asset
- Located within the Trade Area’s Dominant Retail Corridor: Surrounding shopping centers see 13+ million combined annual visits (Placer.ai)
- 15-year absolute NNN corporate ground lease; 10% increases every 5 years
- The Property is Part of a New Stater Bros Market-Anchored Retail Development
- Immediately Adjacent to Interstate-15 (127,000 CPD), Just off the Central Avenue Exit
Executive Summary
15-Year Absolute NNN Corporate Ground Lease | Pad to New Stater Bros Market-Anchored Center | Located within Regional Retail Corridor (13M Combined Annual Visits, Placer.ai)
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
980 SF
Year Built
2026
Price
$2,795,000
Price Per SF
$2,852.04
Cap Rate
4.65%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.01 AC
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