30515 Temecula Pky
Temecula, CA 92590
76 Gas & Kangaroo Express · Retail Property For Sale

STRONG REAL ESTATE FUNDEMENTALS Dense, High Income Riverside County Real Estate – 76/Kangaroo Express (Subsidiary of Circle K Stores Inc.) is located at one of the most highly trafficked intersections in the entire city of Temecula, with over 100,000 vehicles per day and which serves as a convergence of two main arterials catering to over 128,000 residents within a 5-mile radius Oversized 1.80-Acre Parcel – The offering is situated on ± 1.80 acres with fantastic visibility and access, allowing the opportunity for ample redevelopment potential and future use Close Proximity to Area Attractions – The site is just 1.5 miles from Old Town Temecula and 2.5 miles from Pechanga Resort and Casino, which are two of the most visited attractions in the city of Temecula which hosts over 2.7 million visitors annually. Pechanga Resort and Casino recently committed $285 million towards an expansion of the facilities and has a AAA Four Diamond Rating and over 4,500 employees on hand (Reference Map on Page 9) Good Retail Synergy with Surrounding Retailers – 76 joins various highly profitable retailers in the immediate area such as Walmart, In N Out, CVS, Del Taco, Stater Bro’s, Wells Fargo, Rite Aid, McDonald’s, Home Depot, Albertson’s to name a few High-Quality 2019 Construction – Newest prototype construction for 76 gas and Kangaroo Express branded property, with an approximate 5,096 SF convenience store and 700 SF office Highly Sought After Corner Lot – Various national retailers have competed for the highly trafficked corner parcel, being that it offers some of the best identify, visibility and access in the entire city and joins a mix of proven national brands with a long standing track record of success in the market COMPLETE HANDS-OFF OWNERSHIP STRUCTURE Absolute NNN Ground Lease – The tenant pays for all expenses directly and landlord has zero responsibilities through the lease term – ideal for passive 1031 investor Improving Future Cash Flow – The tenant signed a new 20-year ground lease, with fixed 5% rental increases every 5 years throughout the initial term and options Significant Capital Contribution by Tenant – The principal owners of the tenant will commit over $3.5 million into the project, including site building and equipment costs, showing fantastic commitment to the location and brand SEASONED FRANCHISEE OPERATOR Experienced Multi-Unit Operator – Lease guarantor operates 7 businesses throughout Riverside County, including the Valero gas station directly across the street from this property and has signed a personal guarantee for the entirety of the 20 year initial lease term – see broker for details