Entity Owned Property summary
This exceptional investment opportunity presents a brand-new, 2,446 square foot Freddy's Frozen Custard & Steakburgers restaurant in Norco, California. Located at 3541 Hamner Ave, 92860, this Class A property sits on a 21,344 square foot lot and boasts a 20-year absolute NNN lease commencing March 30, 2024, and expiring March 30, 2044. The lease includes six 5-year renewal options with a 10% rent increase every five years, providing a built-in hedge against inflation. The property features… 100% occupancy and a strong net operating income (NOI) of $180,000, resulting in a 5.00% cap rate. The asking price is $3,600,000, translating to $1,471.79 per square foot. The tenant, a franchisee, operates multiple locations and provides a strong financial guarantee. The property benefits from a high-traffic location on Hamner Avenue (37,000+ vehicles per day), strong demographics (290,000 residents within a 5-mile radius), and projected annual sales exceeding $3 million. This fee-simple ownership offers a secure, passive income stream with minimal landlord responsibilities. The property's APN is 131-230-027. This is a rare opportunity to acquire a high-performing, established QSR in a desirable location with significant long-term growth potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 950 SF
- Lot area
- 0.7 ac
- Year built
- 2023
- Stories
- 1
- APN
- 131-230-031
- Assessed value · 2024
- $1,289,437
- Annual tax · 2024
- $14,430
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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