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Property profile & analytics
FOR LEASE
Commercial real estate

1591 Coolwater Ln Barstow, CA 92311

2,520 SF 0.68 ac lot Built 1984
Entity Owned 3-yr Hold
Property ID
US10-0927309
Property summary
AI-generated overview

This exceptional investment opportunity presents a vacant 2,520-square-foot quick-service restaurant (QSR) building situated on a 0.68-acre lot in Barstow, California. Built in 1984, this single-story Class C retail property is ideally located near Interstates 15 and 40, ensuring high visibility and accessibility. The property boasts approved plans and a secured Chicken Guy franchise, with the franchise fee already paid for the Barstow location and half the fees paid for three additional locations in Riverside, San Bernardino, and San Diego counties. Construction permits have been obtained. The asking price is $959,000, translating to $380.56 per square foot. This presents a unique chance to acquire a turnkey QSR operation with significant potential for growth, either through outright purchase or a joint venture. The property's APN is 0181-632-09 and is zoned for commercial use. The seller is open to various partnership structures, including retaining the franchisee role within a joint venture. This is a rare opportunity to capitalize on a fully permitted and strategically located QSR property with a well-established franchise agreement. The property is currently vacant and ready for immediate development.

Property profile
Verified
Property type Commercial real estate
Year built 1984
Total area 2,520 SF
Lot 0.68 ac (29,621 SF)
APN 0181-632-09
UPID US10-0927309
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Coolwater Barstow LP · 3 yrs held
Coolwater Barstow LP
since 2023
3 recorded transactions
2023
Price N/A
2022
$604,000
2018
$275,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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