27950 Clinton Keith Rd Murrieta, CA 92563
- Retail properties
- 3,206 SF
- 0.82 lot acres
Current Use by Public Records
- Retail properties
Property Details for 27950 Clinton Keith Rd
- Year built
- 2024
- Lot size
- 0.82 lot acres
- Property size
- 3,206 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a brand-new, 3,206 square foot Ono Hawaiian BBQ restaurant in Murrieta, CA. Located within the thriving Vineyard Shopping Center, anchored by Costco and ALDI, this property boasts a 15-year ground lease with five 5-year options, featuring 10% rent bumps every five years. The absolute NNN lease structure ensures zero landlord responsibilities, providing a passive income stream. The property benefits from a prime location on Clinton Keith Road, high visibility, a drive-thru, and exceptional demographics, including a high average household income within a one-mile radius. The 0.82-acre lot includes 25 parking spaces. The property's strong location within a dense retail corridor, coupled with nearby residential developments, ensures consistent customer traffic. This is a truly exceptional opportunity for a passive investor seeking a stable, high-growth investment. The building was constructed in 2024 and has a 4.56% cap rate with a current NOI of $140,000. The property is zoned RC: Regional Commercial and has an APN of 392-270-063. The asking price is $3,070,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Murrieta
- County
- Riverside
- State
- California
- Longitude
- -117.173
- Latitude
- 33.5981
