490 N State St - Restaurant FOR SALE
San Jacinto, CA 92583 |
$1,728,000 USD
858-222-3333
490 N State St
San Jacinto, CA 92583
HIGHLIGHTS
- Absolute NNN Lease: A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
- Opportunity to acquire a fully built restaurant property at a price below current construction costs.
- This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
- The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.
- Features a Hut Lane drive-thru for streamlined pickups, mobile orders, and third-party delivery access.
- At a signalized corner with 30K+ daily vehicles, near 32K+ students from local schools and San Jacinto College.
FOR SALE DETAILS
PRICE
$1,728,000 USD
PRICE/SF
$488 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pizza Hut NNN Leased Drive-Thru Restaurant
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
CROSS STREETS
Ramona Blvd
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
General Commercial (CG)
APN/PARCEL ID
434-060-038
ASK ABOUT THIS PROPERTY
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858-222-3333
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858-222-3333
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