2567 Commerce PkwyBarstow, CA 92311

Property Details for 2567 Commerce Pkwy

Year built

2024

Property size (Sq ft)

2,500 SF

Property type

Retail properties

Description

This exceptional investment opportunity presents a brand-new, 2,500-square-foot Freddy's Frozen Custard & Steakburgers restaurant located at 2567 Commerce Pkwy, Unit 1, Barstow, CA 92311. The property boasts a prominent location with high visibility along the heavily trafficked Interstate 15 Freeway South, benefiting from its proximity to other new developments, including a Starbucks. This single-tenant, absolute NNN (Triple Net) lease offers a secure investment with zero landlord responsibilities. The lease term is 15 years with a remaining term of 15 years, featuring 10% rental increases every five years, ensuring consistent and growing income. The property sits on a 43,560 square foot lot and was built in 2024. The asking price is $2,971,000, representing a price per square foot of $1,188.40 and a 5.25% cap rate. The current Net Operating Income (NOI) is $156,000, reflecting a 100% occupancy rate. This is a sale-leaseback operated by an experienced multi-franchisee with over 22 locations, further enhancing the investment's stability and potential. The property's APN is 0421-313-21-0000. This represents a compelling opportunity to acquire a high-performing, low-maintenance asset in a rapidly growing QSR franchise. The tenant, Freddy's Frozen Custard, is ranked among the fastest-growing restaurant chains in the US, providing further confidence in the long-term viability of this investment.

Location Insight

City

Barstow

County

San Bernardino

State

California

Latitude

34.8562

Longitude

-117.086

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