28083 Newhall Ranch Rd Santa Clarita, CA 91355
Santa Clarita, CA: High-return QSR opportunity.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 2,595 SF Jack in the Box on a 1.138-acre lot in Santa Clarita, CA. The property is 100% leased to a credit-rated tenant (Jack in the Box) under an Absolute NNN lease.
- Absolute NNN ground lease with no landlord responsibilities; tenant pays all taxes, CAM, and insurance. Built in 2003, the lease expires June 12, 2028, with one 5-year renewal option.
- High-visibility location at the hard corner of Newhall Ranch Rd. and Rye Canyon Rd., outparceled to a Home Depot, and surrounded by strong national retailers (Walmart, Smart & Final, etc.).
- Below-market rent of $109,807 annually, offering significant upside potential. Current cap rate is 4.75%; asking price is $2,311,000.
- Strong demographics in Santa Clarita, with average household incomes exceeding $173,000. The property presents a low-price-point, passively managed QSR investment opportunity with substantial growth potential.
Property Details for 28083 Newhall Ranch Rd
- Property type
- Retail properties
- Square Feet
- 2,595 SF
- Year Built
- 2004
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 49,571 SF
- Units
- 1
Location Insight
- City
- Santa Clarita
- County
- Los Angeles
- State
- California
- Latitude
- 34.441840772042
- Longitude
- -118.57516279185
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Santa Clarita, CA: High-return QSR opportunity.
- Where is the retail property located?
- The property is located at 28083 Newhall Ranch Rd Santa Clarita, CA.
- What is the asking price?
- The asking price for this property is $2,311,000.
- What are key features of this property?
- This property features: 2,595 SF Jack in the Box on a 1.138-acre lot in Santa Clarita, CA. The property is 100% leased to a credit-rated tenant (Jack in the Box) under an Absolute NNN lease.; Absolute NNN ground lease with no landlord responsibilities; tenant pays all taxes, CAM, and insurance. Built in 2003, the lease expires June 12, 2028, with one 5-year renewal option.; High-visibility location at the hard corner of Newhall Ranch Rd. and Rye Canyon Rd., outparceled to a Home Depot, and surrounded by strong national retailers (Walmart, Smart & Final, etc.).
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