ABOUT 6955 EL CAMINO REAL , ATASCADERO, CA 93422

  • Price: $3,349,000
  • Sale Type: Investment
  • Cap Rate: 5.46%
  • Sale Conditions: Investment Triple Net
  • Property Type: Retail
  • Property Sub-type: Fast Food
  • Building Class: A
  • Lot Size: 0.83 AC
  • Gross Leasable Area: 2,500 SF
  • No. Stories: 1
  • Year Built: 2005
  • Tenancy: Single
  • Parking Ratio: 12/1,000 SF
  • Zoning Description: C2
  • APN / Parcel ID: 016-405-19

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DESCRIPTION

2 Pine Cone Road, Dayton, NV, a freestanding single tenant retail building leased to Taco Bell. The building is comprised of 2,500 square feet and is built on a 36,394 square foot lot and it was constructed in 2005 and is in excellent condition.

HIGHLIGHTS

  • Established national tenant is currently occupying this space.
  • 10% rent escalations every 5 years throughout lease term including 4 – 5 Year extension options.
  • The property is in a busy location with high visibility front pad of Smiths Shopping Center.
  • Constructed in 2005 with the highest quality materials.
  • This offering provides an opportunity for the investor looking for an absolute triple-net lease that requires no management responsibility