847 Magellan dr | Tehachapi, CA 93561
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847 Magellan dr
Tehachapi, CA 93561
DENNY'S · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN | Attractive Rental Increases | Experienced Franchisee
- The tenant is responsible for paying taxes, insurance, and maintenance, providing complete passive ownership.
- High-Traffic Corridor | Prime Highway Location Near Tehachapi Muni Airport
- Single Tenant Denny’s investment opportunity featuring an absolute triple-net (NNN) with 11 Years remaining, subject to 10% rental increases every 5
- An experienced, multi-unit franchisee who owns and operates two additional Denny’s locations across Southern California.
- Positioned less than a mile from Tehachapi Airport and just east of Highway 58, this site offers excellent accessibility and long-term growth potentia
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,997 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.07 AC
Frontage
218’ on Capital Hills Parkway
AMENITIES
- Restaurant
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 223-530-10-00-8 | Improvements Assessment | $0 |
| Land Assessment | $334,951 | Total Assessment | $334,951 |
PROPERTY TAXES
Parcel Number
223-530-10-00-8
Land Assessment
$334,951
Improvements Assessment
$0
Total Assessment
$334,951
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