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3702 Highland Ave 2,005 SF Retail Building Highland, CA 92346 $1,597,200 ($796.61/SF) 5% Cap Rate
Investment Highlights
- Absolute Triple Net (NNN) Lease Structure
- Existing Drive-Thru Configuration
- Prime location on a major thoroughfare
- Corporate Guarantee
- Attractive to 1031 Investment Opportunity
- Freestanding Building
Executive Summary
Single Tenant Absolute NNN Investment Opportunity
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,005 SF
Building Class
B
Year Built
1990
Price
$1,597,200
Price Per SF
$796.61
Cap Rate
5%
NOI
$79,860
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.64 AC
Zoning
C - Commercial
Parking
35 Spaces (17.46 Spaces per 1,000 SF Leased)
Frontage
89’ on Highland Ave
Amenities
- Dedicated Turn Lane
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,359,706 | |
| Land Assessment | $455,134 | Total Assessment | $1,814,840 |
Property Taxes
Parcel Numbers
Land Assessment
$455,134
Improvements Assessment
$1,359,706
Total Assessment
$1,814,840
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3702 Highland Ave
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