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Single-Tenant Fast Food NNN

20101 Lake Forest Drive Lake Forest, CA 92630

20101 Lake Forest Drive, Lake Forest, CA, 92630
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For Sale
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Single-tenant fast food restaurant offered on an absolute NNN lease with fixed 10% rent increases every five years.

Days on Market103

Property Features for 20101 Lake Forest Drive

General Information

Standard status
Active
Property subtype
Retail
Listing agency Newmark Knight Frank Newport Beach
Listed by Samer Khalil
Source Crexi
Added: Apr 10 Updated: Jul 21 at 1:57AM Checked: Jul 21 at 1:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark Knight Frank Newport Beach


Investment Insights

Based on property information with market context.

This offering features a single-tenant fast food restaurant structured with an absolute NNN lease. The lease includes fixed 10% rent increases every five years, including options, designed to provide straightforward long-term rent growth and ease of management.

The property is located at the on/off ramps to Lake Forest Drive and State Route 241 (Highway 241) in South Orange County. It is an out-parcel position to a Home Depot and within a community anchored by 24 Hour Fitness.

Additional tenant sales history is available by contacting the broker.

Key Highlights

  • Single‑tenant fast food restaurant offered on an absolute NNN lease.
  • Fixed 10% rent increases every 5 years, including options.
  • Located at the on/off ramps to Lake Forest Drive and State Route 241 (Highway 241).

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

(Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Single-tenant fast food restaurant offered on an absolute NNN lease with fixed 10% rent increases every five years.
Where is this conventional restaurant located?
The property is located at 20101 Lake Forest Drive Lake Forest, CA.
What are key features of this property?
This property features: Single‑tenant fast food restaurant offered on an absolute NNN lease.; Fixed 10% rent increases every 5 years, including options.; Located at the on/off ramps to Lake Forest Drive and State Route 241 (Highway 241).
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