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Quick Quack Car Wash & Popeye's 2 Properties Offered at $7,280,000 in Murrieta, CA
Investment Highlights
- Quick Quack Car Wash: 20-year initial lease term; 16 years remaining
- High-Traffic Location at the Signalized Intersection of California Oaks Road and Jackson Avenue (52,000 CPD)
- Affluent and High Growth Demographics: Over 162,000 residents within a 5-mile radius
- Popeyes: 20-year initial lease term; 10% increases every 5 years
- Excellent Accessibility and Visibility; Close Proximity to Interstate 15
Executive Summary
Two-Tenant Absolute NNN Investment: Both tenants feature new 20-year initial term absolute NNN ground leases
Property Facts
| Price | $7,280,000 | Status | Active |
| Price / SF | $1,192 / SF | Number of Properties | 2 |
| Sale Condition | Ground Lease (Leased Fee) | Individually For Sale | 0 |
| Cap Rate | 5% | Total Building Size | 6,109 SF |
| Sale Type | Investment NNN | Total Land Area | 3.56 AC |
| Price | $7,280,000 |
| Price / SF | $1,192 / SF |
| Sale Condition | Ground Lease (Leased Fee) |
| Cap Rate | 5% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,109 SF |
| Total Land Area | 3.56 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Popeye's
40602 California Oaks Rd, Murrieta, CA 92562 |
Retail | 1,983 SF | 2024 | - |
|
Quick Quack Car Wash
40640 California Oaks Rd, Murrieta, CA 92562 |
Specialty | 4,126 SF | 2024 | - |
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Quick Quack Car Wash & Popeye's
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