Fallbrook Ca 92028 Fallbrook, CA 92028

Property Details for 0 Fallbrook Ca 92028

Year built

1988

Lot size

0.05 lot acres

Property size

1,862 SF

Property type

Commercial real estate

Description

This exceptional opportunity presents a thriving Greek drive-thru restaurant and its accompanying freestanding building in Fallbrook, CA. The 1,862 square foot building, constructed in 1988, sits on a 0.051-acre lot and boasts 33 parking spaces. The property, zoned C37, enjoys a prime location with excellent visibility and high traffic counts at the intersection of Highway 15, near established retailers like Northgate Market and Albertsons. The fully built-out restaurant features 1,663 square feet of net rentable space and is currently operating at 100% occupancy. The business is offered as an owner/user investment with a strong 11% cap rate and an asking price of $1,200,000 ($644.47 per square foot). The property's strategic location within a densely populated area (over 27,000 people within a two-mile radius) ensures consistent customer traffic. This turnkey operation offers a unique blend of established business and valuable real estate, presenting a compelling investment opportunity for a discerning buyer. The single-story building is classified as Class B. The property's APN is 1041321000.