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23650 Lyons Ave
Santa Clarita, CA 91321 Valencia

$2,050,000 USD

Restaurant For Sale  •  1,876 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 1,876 SF
  • Lot Size 0.32 AC
  • Building Class B
  • Year Built 1983
  • Tenancy Single
  • Zoning SCCP
0 Transit Score
79 Walk Score

Highlights

Recent Ten (10)-Year Lease Extension with Options - Del Taco executed a new long-term lease.
Long-Term Tenant - Del Taco has been operating at this location for over 40 years and has shown commitment to this location.
Rare Fifteen Percent (15%) Rental Increases - The rent increases every five (5) years providing superior rental growth.
Lower Price Point Corporate Guarantee - Fully stabilized drive-thru product in Southern California is an extremely competitive market.
Out-Parcel to a Grocery-Anchored Shopping Center - Conveniently located as an out-parcel to a Smart & Final-anchored shopping center.
Below Market Rents - The Tenant is currently paying below market rents, mitigating risk and allowing for upside in future rental income.

Amenities

  • Bus Line
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Newhall (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.6 mi
Santa Clarita (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 5.5 mi
AirportDriveWalkDistance
Bob Hope 26 min - 19.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Patrick Wade 818-259-0476 CBRE, Inc.
Patrick Wade 818-259-0476 CBRE, Inc.