For Sale
$2,771,000

35926 Winchester RdWinchester, CA 92596

French Valley, CA: NNN Lease, Strong ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a brand-new, 3,500 square foot El Pollo Loco restaurant in French Valley, California. Located on Winchester Road (28,500 VPD), this drive-thru equipped property benefits from its position as an outparcel to the new French Valley Marketplace, alongside other national tenants like Grocery Outlet, McDonald's, and Chipotle. The property sits on a 0.94-acre lot with 34 parking spaces and boasts a new 20-year absolute NNN lease with a corporate guarantee from El Pollo Loco, commencing January 1st, 2025, and expiring December 31st, 2044. The lease includes two 5-year and one 4.5-year option periods, each with a 10% rent increase. The property features a $2,771,000 asking price, a 4.50% cap rate, and a current NOI of $124,687. The building, constructed in 2024, is zoned GC - General Commercial. The strong demographics of the area, including over 153,000 residents and 24,000 daytime employees within a 5-mile radius, and an average household income exceeding $150,000 within 3 miles, contribute to the property's significant investment potential. This is a management-free investment with built-in rent escalations, providing a secure and profitable opportunity for passive investors. The property's proximity to major retail centers and residential complexes further enhances its appeal and ensures consistent customer traffic. This is a rare opportunity to acquire a high-performing, newly constructed fast-food property with a long-term lease and significant upside potential.

Highlights

  • Brand new 20-year corporate-signed lease with scheduled rent increases.
  • Absolute NNN lease; fee-simple ownership; no landlord responsibilities.
  • High-traffic location on Winchester Road (28,500 vehicles per day), featuring a drive-thru.
  • Outparcel in the French Valley Marketplace retail corridor, anchored by strong national credit tenants.
  • Strong demographics within a 5-mile radius, including a high concentration of residents with six-figure incomes.

Property Details for 35926 Winchester Rd

Property type
Retail properties, Restaurants
Square Feet
3,500 SF
Year Built
2024
Lot Size (sq. ft)
40,946 SF

Location Insight

City
Winchester
County
Riverside
State
California
Latitude
33.6006548
Longitude
-117.1161954
35926 Winchester Rd, Winchester, California

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35926 Winchester Rd
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