3541 Hamner Ave Norco, CA 92860
Prime CA QSR, 20-Year Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Brand new 20-year absolute NNN sale-leaseback; 10% rent increases every five years; six, five-year option periods.
- Fast-growing tenant (Freddy's) with approximately 512 locations, ranked #8 among fastest-growing U.S. chains.
- Strong, experienced guarantor (Salim Development, LLC) operating over 22 locations, multiple concepts, and providing a 10-year personal guarantee.
- Strong sales projections exceeding $3 million annually, based on comparable stores.
- High-profile location on Hamner Avenue (37,000+ VPD) in Norco, CA.
- Strong demographics: 290,000 residents within a 5-mile radius.
Property Details for 3541 Hamner Ave
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,446 SF
- Class
- A
- Year Built
- 2024
Location Insight
- City
- Norco
- County
- Riverside
- State
- California
- Latitude
- 33.9344423
- Longitude
- -117.5572444
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime CA QSR, 20-Year Lease
- Where is the retail property located?
- The property is located at 3541 Hamner Ave Norco, CA.
- What is the asking price?
- The asking price for this property is $3,600,000.
- What are key features of this property?
- This property features: Brand new 20-year absolute NNN sale-leaseback; 10% rent increases every five years; six, five-year option periods.; Fast-growing tenant (Freddy's) with approximately 512 locations, ranked #8 among fastest-growing U.S. chains.; Strong, experienced guarantor (Salim Development, LLC) operating over 22 locations, multiple concepts, and providing a 10-year personal guarantee.
- How can I contact the broker?
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