3541 Hamner AveNorco, CA 92860

This exceptional investment opportunity presents a brand-new, 2,446 square foot Freddy's Frozen Custard & Steakburgers restaurant in Norco, California. Located at 3541 Hamner Ave, 92860, this Class A property sits on a 21,344 square foot lot and boasts a 20-year absolute NNN lease commencing March 30, 2024, and expiring March 30, 2044. The lease includes six 5-year renewal options with a 10% rent increase every five years, providing a built-in hedge against inflation. The property features 100% occupancy and a strong net operating income (NOI) of $180,000, resulting in a 5.00% cap rate. The asking price is $3,600,000, translating to $1,471.79 per square foot. The tenant, a franchisee, operates multiple locations and provides a strong financial guarantee. The property benefits from a high-traffic location on Hamner Avenue (37,000+ vehicles per day), strong demographics (290,000 residents within a 5-mile radius), and projected annual sales exceeding $3 million. This fee-simple ownership offers a secure, passive income stream with minimal landlord responsibilities. The property's APN is 131-230-027. This is a rare opportunity to acquire a high-performing, established QSR in a desirable location with significant long-term growth potential.