27696 Jefferson Ave Temecula, CA 92590
- Turn key restaurants
- 3,496 SF
- 1.07 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 27696 Jefferson Ave
- Year built
- 1996
- Construction
- WOOD
- Lot size
- 1.07 lot acres
- Property size
- 3,496 SF
- Property type
- Turn key restaurants
- APN
- 921-480-068
- APU
- 921480068
Description
This exceptional commercial property, located at 27696 Jefferson Avenue in Temecula, CA, presents a lucrative investment opportunity. The 3,821 square foot building sits on a sizable 1.07-acre lot (46,609 square feet), boasting 183 feet of frontage on the four-lane Jefferson Avenue arterial street. High visibility is ensured by its proximity to the 15 freeway, with prominent signage visible from the freeway itself. The property includes a convenient drive-thru and ample parking for 55 vehicles. Constructed in 1996 and recently remodeled in 2022, the building is currently leased to a thriving Arby's franchise. The lease agreement is a long-term commitment, currently in its fifth year of a twenty-year term, with two additional five-year extension options. This provides immediate and substantial rental income. The property benefits from its location in a well-established commercial area, adjacent to a hotel and numerous other successful businesses. This turnkey operation offers a rare chance to acquire a high-performing commercial property with a strong tenant and excellent visibility, generating immediate return on investment. The asking price is $3,300,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Temecula
- County
- Riverside
- State
- California
- Longitude
- -117.159
- Latitude
- 33.5144
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
