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

    1164 Calimesa Blvd, Calimesa, CA 92320

    $2,550,000
    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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    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 Leased Drive-Thru Investment
    NNN Leased Drive-Thru Investment

    7460 Mission Grove Pkwy. S. |, Riverside, CA 92508

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    Single-tenant NNN leased drive-thru investment opportunity with approximately 9 years remaining.

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    Petco NNN Lease Extension
    Petco NNN Lease Extension

    2545 W Florida Ave, Hemet, CA 92545

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    Petco operated here since 2005 with new 12-year extension.

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    NNN Leased Drive-Thru Investment
    NNN Leased Drive-Thru Investment

    7460 Mission Grove Pkwy S, Riverside, CA 92508

    $2,825,000
    1,840 sqft

    Single-tenant drive-thru restaurant with approximately 9 years remaining on lease.

    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 $2,550,000.

    Sale prices for triple net lease properties in Calimesa, CA start at $2,550,000, averaging $2,550,000, and reaching up to $2,550,000 — 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%

    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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