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Property profile & analytics
OFF-MARKET Estimated value $275,000
Commercial land

344 El Monte Way Dinuba, CA 93618-1556

0.11 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US09-5887994
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.11 ac (4,596 SF)
APN 017-040-024-000
UPID US09-5887994
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
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k
Owner & transaction history
Jtn Investments LP · 4 yrs held
Jtn Investments LP
since 2022
5 recorded transactions
2022
Price N/A
2021
Price N/A
2021
$50,000
1996
Price N/A
1996
$63,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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