344 El Monte Way, Dinuba, CA 93618-1556
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.