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    802 El Camino Real Qsr 2 Greenfield, CA 93927

    Sponsored
    For Lease
    $39 SF/Yr ($12,083 /Mo)

    Prime Greenfield location, 3,700 sq ft, drive-thru.

    Lot size:
    3,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,700 square foot quick-service restaurant (QSR) pad, situated on a 0.75-acre lot in Greenfield, California, presents a unique investment opportunity. Located at 802 El Camino Real, this single-tenant property boasts a fully entitled design, including a drive-thru, and is ready for immediate development. The site benefits from high visibility due to its proximity to Highway 101, experiencing approximately 35,000 vehicles per day. On-site and off-site improvements will be completed by the developer, ensuring a seamless transition for the tenant. The ground lease offers an 180-month term at an annual rate of $145,000. Utilities are connected to the site, and common area amenities will be provided. Conditional use permits are in place, specifically allowing for drive-thrus. This property is ideally positioned within a thriving commercial development, co-located with a new gas station, market, car wash, and truck fueling center, further enhancing its appeal and potential for success. The property is categorized as retail and land, with a commercial subtype. The Monterey County location and convenient access to Highway 101 make this an attractive proposition for QSR operators seeking a high-traffic, well-developed location.

    Property Features for 802 El Camino Real Qsr 2

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,700 SF
    Total Rate
    12083.58

    Unit(s) available at that property

    Space
    Size
    3,700 SF
    Rate per SF
    $39
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenfield
    County
    Monterey
    State
    California
    Longitude
    -121.254654
    Latitude
    36.337209

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Restaurant - Prime Greenfield location, 3,700 sq ft, drive-thru.
    Where is this restaurant located?
    The property is located at 802 El Camino Real Qsr 2 Greenfield, CA.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    Request Owner's contact information
    802 El Camino Real Qsr 2 Greenfield, CA 93927
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    Greenfield, CA 93927
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    802 El Camino Real Qsr 2 Greenfield, CA 93927
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