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340 W Grand Ave
Escondido, CA 92025 Central Escondido

$3,456,000 USD

Restaurant For Sale  •  3,960 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,960 SF
  • Lot Size 0.33 AC
  • Building Class B
  • Year Built 1972
  • Tenancy Single
  • Zoning S-P (Specific Plan)
54 Transit Score
94 Walk Score

Highlights

Featuring 15 years remaining, ensuring a hands-off income stream for many years to come, totaling $3,574,800 in rental income during the initial term
Absolute NNN Lease with Zero Landlord Responsibilities with scheduled 10% Increases every 5 years
Strong Lease Guaranty with Experienced Operator
Prime Location with Strong Traffic Counts
Extensively restaurant remodel in Q4 2024, providing modern infrastructure that enhances long-term tenant retention and property value stability
Kalaveras operates as a vibrant Bar & Restaurant concept, fully licensed for full-service liquor and alcohol beverage operations

Amenities

  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

Transit/SubwayDriveWalkDistance
Escondido Transit Center (Sprinter - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 2 min 10 min 0.5 mi
AirportDriveWalkDistance
San Diego International 38 min - 30.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 22
Type: Surface
Included in Rent: Yes
Renato Lorja 858-222-3333 CIRE Partners
Renato Lorja 858-222-3333 CIRE Partners