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Restaurant

Burger King | Riverside County - SoCal | 20 Year Absolute Net Lease | Brand New 2022 Construction

66745 Two Bunch Palms Trail, Desert Hot Springs (SoCal), CA 92240

Listing Price: $2,944,021

Cap Rate
4.75%
Tenant Name
Burger King
Years Remaining On Lease
20.1
Gross SF
2,080
Guarantor
Franchisee Guarantee
Rentable SF
2,080
Price/Gross SF
$1,415.39
Lease Type
Absolute Net
Rent Per Square Feet
$67.23

Investment Overview

Desert Hot Springs is a city in Riverside County, California. The city is located within the Coachella Valley geographic region. The population was 25,938 at the 2010 census, up from 16,582 at the 2000 census. The city has experienced rapid growth since the 1970s. It is named for its many natural hot springs. It is one of several places in the world with naturally occurring hot and cold mineral springs.? More than 20 natural mineral spring lodgings can be found in town. Unlike hot springs with a high sulfur content, the mineral springs in town are odorless. Riverside County is a county located in the southern portion of the U.S. state of California. As of the 2020 census, the population was 2,418,185, making it the fourth-most populous county in California and the 10th-most populous in the United States.

Investment Highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2022 High Quality Construction w/ Drive-Thru.
  • Positioned Along Area's Major Traffic & Retail Corridor - Easy Access & Excellent Visibility near the City's most Busiest Traffic Intersection w/ Daily Combined Traffic Counts of 40k+ Vehicles.
  • Desert Hot Springs is the Fastest-Growing City in the Coachella Valley (according to U.S. Census). The Population grew from 25,938 in 2010 to 32,512 in 2020, Representing a 25.3% Increase.
  • Within Desert Hot Springs Towne Center - The City's Busiest Shopping Center Anchored by Von's and Numerous other National Retailers. Recently underwent Major Remodeling.
  • Near Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Financing By

Restaurant

Burger King | Riverside County - SoCal | 20 Year Absolute Net Lease | Brand New 2022 Construction

Listing Price: $2,944,021

Cap Rate
4.75%
Tenant Name
Burger King
Years Remaining On Lease
20.1
Gross SF
2,080
Guarantor
Franchisee Guarantee
Rentable SF
2,080
Price/Gross SF
$1,415.39
Lease Type
Absolute Net
Rent Per Square Feet
$67.23

Investment Highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2022 High Quality Construction w/ Drive-Thru.
  • Positioned Along Area's Major Traffic & Retail Corridor - Easy Access & Excellent Visibility near the City's most Busiest Traffic Intersection w/ Daily Combined Traffic Counts of 40k+ Vehicles.
  • Desert Hot Springs is the Fastest-Growing City in the Coachella Valley (according to U.S. Census). The Population grew from 25,938 in 2010 to 32,512 in 2020, Representing a 25.3% Increase.
  • Within Desert Hot Springs Towne Center - The City's Busiest Shopping Center Anchored by Von's and Numerous other National Retailers. Recently underwent Major Remodeling.
  • Near Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Investment Overview

Desert Hot Springs is a city in Riverside County, California. The city is located within the Coachella Valley geographic region. The population was 25,938 at the 2010 census, up from 16,582 at the 2000 census. The city has experienced rapid growth since the 1970s. It is named for its many natural hot springs. It is one of several places in the world with naturally occurring hot and cold mineral springs.? More than 20 natural mineral spring lodgings can be found in town. Unlike hot springs with a high sulfur content, the mineral springs in town are odorless. Riverside County is a county located in the southern portion of the U.S. state of California. As of the 2020 census, the population was 2,418,185, making it the fourth-most populous county in California and the 10th-most populous in the United States.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Financing By

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