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Restaurant

Habanero Mexican Grill

2320 W Victory Blvd, Burbank, CA 91506

Listing Price: $1,475,000

Cap Rate
6.31%
Tenant Name
Habanero Mexican Grill
Years Remaining On Lease
1.2
Gross SF
885
Guarantor
No Guarantee
Rentable SF
885
Price/Gross SF
$1,666.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$105.08

Investment Overview

Marcus & Millichap, as Exclusive Advisor, is pleased to present 2320 W Victory Boulevard, an 885 square foot single tenant fast food drive-thru restaurant situated on 0.14 acres of land (6,235 SF) ideally located at the corner of Victory Boulevard and Brighton Street in the Burbank, CA.

2320 W Victory Blvd is 100% occupied by Habanero Mexican Grill, a fast casual drive-thru Mexican restaurant open daily. The tenant occupies the 885 square foot restaurant space on a three (3) year lease that expires on 2/28/2026, approximately 1.38 years remaining. Habanero Mexican Grill pays $7,750.00 per month ($8.76/SF) on a NNN lease. Because the tenant is on a short-term lease with no options to extend, an owner-user can occupy the property for their own business following the expiration of Habanero Mexican Grill’s lease. The tenant’s short-term lease also allows an investor the ability to renew the lease with Habanero Mexican Grill or re-lease the highly desirable drive-thru restaurant space.

The subject property is positioned centrally along W Victory Boulevard, a major east-west commercial thoroughfare with traffic counts in excess of 26,000 vehicles per day. The property enjoys excellent visibility at the corner of W Victory Boulevard and Brighton Street with approximately 45 and 145 feet of frontage, respectively. As a result of its corner location and rear alley access, the property enjoys three points of egress/ingress and access to its ample parking (eleven (11) surface parking spaces, a ratio of 12.43 spaces per 1,000 SF).

Investment Highlights

  • Rare Drive-Thru Restaurant A 885 square foot single tenant fast food drive-thru situated on 0.14 acres of land (6,235 SF)
  • 100% Occupied Fully occupied by Habanero Mexican Grill, a fast casual drive-thru Mexican restaurant open daily
  • NNN Leases Habanero Mexican Grill is on a NNN lease
  • Current Income Habanero Mexican Grill pays $7,750.00 per month ($8.76/SF)
  • Owner User Opportunity The tenant is on a lease expiring 2/28/2026, approximately 1.38 years remaining, allowing an owner-user the opportunity to occupy the property following lease expiration

Exclusively Listed By

Financing By

Restaurant

Habanero Mexican Grill

Listing Price: $1,475,000

Cap Rate
6.31%
Tenant Name
Habanero Mexican Grill
Years Remaining On Lease
1.2
Gross SF
885
Guarantor
No Guarantee
Rentable SF
885
Price/Gross SF
$1,666.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$105.08

Investment Highlights

  • Rare Drive-Thru Restaurant A 885 square foot single tenant fast food drive-thru situated on 0.14 acres of land (6,235 SF)
  • 100% Occupied Fully occupied by Habanero Mexican Grill, a fast casual drive-thru Mexican restaurant open daily
  • NNN Leases Habanero Mexican Grill is on a NNN lease
  • Current Income Habanero Mexican Grill pays $7,750.00 per month ($8.76/SF)
  • Owner User Opportunity The tenant is on a lease expiring 2/28/2026, approximately 1.38 years remaining, allowing an owner-user the opportunity to occupy the property following lease expiration

Investment Overview

Marcus & Millichap, as Exclusive Advisor, is pleased to present 2320 W Victory Boulevard, an 885 square foot single tenant fast food drive-thru restaurant situated on 0.14 acres of land (6,235 SF) ideally located at the corner of Victory Boulevard and Brighton Street in the Burbank, CA. 2320 W Victory Blvd is 100% occupied by Habanero Mexican Grill, a fast casual drive-thru Mexican restaurant open daily. The tenant occupies the 885 square foot restaurant space on a three (3) year lease that expires on 2/28/2026, approximately 1.38 years remaining. Habanero Mexican Grill pays $7,750.00 per month ($8.76/SF) on a NNN lease. Because the tenant is on a short-term lease with no options to extend, an owner-user can occupy the property for their own business following the expiration of Habanero Mexican Grill’s lease. The tenant’s short-term lease also allows an investor the ability to renew the lease with Habanero Mexican Grill or re-lease the highly desirable drive-thru restaurant space. The subject property is positioned centrally along W Victory Boulevard, a major east-west commercial thoroughfare with traffic counts in excess of 26,000 vehicles per day. The property enjoys excellent visibility at the corner of W Victory Boulevard and Brighton Street with approximately 45 and 145 feet of frontage, respectively. As a result of its corner location and rear alley access, the property enjoys three points of egress/ingress and access to its ample parking (eleven (11) surface parking spaces, a ratio of 12.43 spaces per 1,000 SF).

Exclusively Listed By

Financing By

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