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3965 Phelan Rd
Phelan, CA 92371

$1,052,308 USD

Restaurant For Sale  •  3,176 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,176 SF
  • Lot Size 0.42 AC
  • Building Class B
  • Year Built 2004
  • Tenancy Single
  • Zoning PH/CG
0 Transit Score
51 Walk Score

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 well below the cost of new construction.
Sublease to Los Alazanes Mexican Food
The master lease includes three 5-year renewal options with rent adjustments to prevailing market rates (FMR).
While subleased, the master lease is backed by a highly experienced Pizza Hut franchisee overseeing approximately 80 locations throughout California.
Lease remaining term backed by an industry-leading franchise group with decades of operating history.

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Ontario International 50 min - 37.6 mi
Renato Lorja 858-900-3700 CIRE Partners
Renato Lorja 858-900-3700 CIRE Partners