12931 Hesperia rd - Restaurant FOR SALE


Victorville, CA 92395
$2,400,000 USD
602-820-8725
12931 Hesperia rd, Victorville, CA for Sale
$2,400,000 USD
Restaurant - FOR SALE
1/4
null | 5% Cap Rate

12931 Hesperia rd
Victorville, CA 92395


HIGHLIGHTS

  • Wienerschnitzel is an American fast food chain with over 350 locations, specializing in Hot Dogs, Hamburgers and more.
  • Wienerschnitzel is the world's largest hot dog chain, serving over 120 million hot dogs a year.
  • Dual branded location with both the Wienerschnitzel and Tastee Freeze concepts operating out of the location.
  • The largest Southern California Wienerschnitzel operator with 20 locations in California, and one location in Nevada.

OVERVIEW

Marketing Description: Sale Leaseback Opportunity with Largest Wienerschnitzel operator in Southern California. Long Operational History - Tenant has been operating at this location since 2007. Existing Drive-Thru Building - Below replacement cost rent for a drive-thru building. Pride of ownership building. Parking lot is concrete, for less long term maintenance requirements. Long Term Lease - increases every 5 years for uninterupted cash flow for many years to come. Fast Food, Internet Resistant and Recession-Proof - highly coveted fast food category, a product that is internet and recession resistant. Absolute NNN lease structure - allowing for a long term passive investment with strong cash flow. Investment Highlights: Located in Victorville, CA - As the highpoint between Los Angeles and Las Vegas, Victorville serves as the leading city for both industry and retail in the High Desert region. Approximately 60% of all goods moving into and out of Southern California travel through Victorville. Major Retail and Industrial Cooridor - Hisperia Road services the primary retail and industrial trade area of Victorville, with close proximity to Goodyear Tire and Rubber, The Nutro Company, Americold Logistics and Church & Dwight Co. Home of the Southern California Logistics Airport - Victorville is the home of the Southern California Logistics Airport, housed on 2,300 acres of the former George Air Force Base. The SCLA serves as a business, military and freight logistics airport and a large transitional facility for commercial aircraft. Strong Traffic Counts - Over 43,000 vehicles per day through the intersection, including over 34,151 vehicles per day on Hisperia Road. Tenant Highlights: Wienerschnitzel is an American fast food chain with over 350 locations, specializing in Hot Dogs, Hamburgers and more. Wienerschnitzel is the world's largest hot dog chain, serving over 120 million hot dogs a year. Dual branded location with both the Wienerschnitzel and Tastee Freeze concepts operating out of the location. The largest Southern California Wienerschnitzel operator with 20 locations in California, and one location in Nevada.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$1,178 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wienerschnitzel, Victorville, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

C-2, General Commercial

APN/PARCEL ID

3090-481-10

ASK ABOUT THIS PROPERTY

Kalen RickardWestern Retail Advisors, LLCMore Info
602-820-8725

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Kalen RickardWestern Retail Advisors, LLCMore Info
602-820-8725

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.