This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
860 Magellan
Tehachapi, CA 93561
Freeway Gas Station & Drive-thru Restaurant · For Lease
PROPERTY FACTS
PROPERTY OVERVIEW
PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL INFORMATION: OFFERING SUMMARY: 860 Magellan Dr in the city of Tehachapi, offers a restaurant tenant a 2,000 SF restaurant with a 10-car stacking drive-thru lane and 1,086 SF patio. The property offers excellent exposure with freeway visibility and located 1 block from the 58 freeway on/off ramp. The area is rapidly developing with Starbucks, Home Depot, Tractor Supply Co, Adventist Hospital and 2 Hotels all having recently opened within 2 blocks of this property. The restaurant space is part of a larger property (almost 1 Acre lot) which will include a market and 10 pump gas station. CUP has already been approved and construction documents have already been submitted for city approval. DEMOGRAPHICS: The area has seen rapid growth with over 9% population and housing growth in the last 10 years. The average household income was estimated at $86,000 within a 2-mile radius. LEASE RATE: Negotiable SALES PRICE: $2,700,000
HIGHLIGHTS
- 10-Car Stacking Drive-thru Restaurant (2,000 SF) with 1,086 SF Patio
- Across from 2 Hotels, Denny’s & Shell Gas Station
- 1 Block to 58 Freeway On/Off Ramp and 2 Blocks to Home Depot, Adventist Hospital & Tractor Supply Co
- Part of Larger Market & Gas Station on Signalized Corner and Neighbors include Starbucks, Denny’s, Subway, Shell & US Post Office
- Excellent Exposure – Visible from 58 Freeway with over 45k Cars/Day
- Over 9% Population & Housing Growth in last 10 Years
