344 El Monte Way Dinuba, CA 93618-1556

Property Details for 344 El Monte Way

Lot size

0.11 lot acres

Property type

Commercial land

APN

017-040-024-000

APU

17040024000

Description

This exceptional investment opportunity features a brand-new, 2023-constructed, 2,800 square foot Habit Burger Grill in Dinuba, California. The property boasts a 15-year absolute NNN lease with a corporate guarantee from Habit Burger, providing exceptional security and passive income. The lease includes a 10% rent increase every five years, ensuring strong future returns. Located on a 0.73-acre lot at 344 W El Monte Way, this free-standing building includes inside seating, a patio, and a drive-thru, capitalizing on high traffic counts exceeding 39,000 ADT at the signalized intersection of W. El Monte Way and S. Alta Avenue. The building is situated along El Monte Way, Dinuba's primary east-west commercial thoroughfare, home to numerous national retailers. This build-to-suit property offers an attractive, pride-of-ownership investment with a 4.75% cap rate and 100% occupancy. The lease term extends until May 31, 2038, leaving 14 years remaining. This is a rare chance to acquire a high-quality, passively managed asset with significant long-term growth potential in a thriving California market. The asking price is $2,800,000.