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    Drive-Through Restaurant Ground Lease
    Updated: May 14
    Drive-Through Restaurant Ground Lease

    1164 Calimesa Blvd, Calimesa, CA 92320

    $1,996,500
    2,830 sqft
    Absolute NNN ground lease for Carl’s Jr. at 1164 Calimesa Blvd, Calimesa, CA, on approx. 0.75 acres.
    Lease commenced May 15, 2008: 20‑year original term with one additional 5‑year option; tenant has operated nearly 18 years.
    Current rent (lease years 16–20) is $119,790/year ($9,982.50/month) with reported NOI of $119,790 and 4.7% cap rate.
    Tenant responsibilities under absolute triple‑net: taxes, insurance, maintenance, utilities, and common area expenses.
    Underlying site includes an approx. 2,911 SF Carl’s Jr. restaurant with drive‑thru; tenant owns and maintains the building and all site improvements.
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    See what stands out in Riverside County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Calimesa, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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    NNN Property

    31522 Yucaipa Boulevard, Yucaipa, CA 92399

    Contact for pricing
    2,266 sqft

    Recently constructed commercial property completed in 2023.

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    Drive-Through Restaurant NNN Lease
    Drive-Through Restaurant NNN Lease

    1535 East 2nd Street, Beaumont, CA 92223

    Contact for pricing
    3,832 sqft

    Single-tenant, absolute net leased drive-thru restaurant investment with corporate lease guaranty and nearly 10 years remaining.

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    Rite Aid NNN Drugstore
    Rite Aid NNN Drugstore

    894 Oak Valley Parkway, Beaumont, CA 92223

    Contact for pricing

    Corporate-guaranteed absolute NNN lease with an integrated drive-thru pharmacy.

    View details
    Freestanding Rite Aid Investment Property
    Freestanding Rite Aid Investment Property

    11352 Bryant St, Yucaipa, CA 92399

    Contact for pricing
    17,369 sqft

    NNN leased Rite Aid in Yucaipa, CA for sale.

    View details

    Calimesa, CA Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Calimesa, CA on our real estate platform. These investment opportunities span a total of 2,830 square feet of properties for sale, with an estimated market value of $1,996,500.

    Sale prices for triple net lease properties in Calimesa, CA average $1,996,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) +24.2%
    Median Household Income $90,313
    College Educated 38.0%

    High-Yield Neighborhoods for Investment

    Identify Calimesa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92320 $2M

    Taxes & Financing

    Tax Rate (average for all types) 1.31%
    Property Tax per SF $33.71 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

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