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Perris, CA - Taco Bell

$3,978,000

3909 Ramona Expwy, Perris, CA 92571

Active
Last Updated: 02/20/2025

4.65

Cap Rate

185,000

NOI

Details:
Cap Rate:    4.65%
NOI:    $185,000
Building Size:    2,150 sqft
Description:

• Tenant will sign a brand new, 20-year lease at the close of escrow with 4 (5-year) option periods to extend
• Lease is franchisee guaranteed by Angel City Bell, LLC (104 Taco Bell locations), Taco Bell’s highest revenue-producing franchisee
• Features 8% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• Brand new construction asset with Taco Bell’s latest prototype

• Located in the center of a primary retail corridor with other nearby national/credit tenants including Amazon, Ross Dress for Less, Subway, O’Reilly Auto Parts, Chevron, Skechers, Carl’s Jr., and more, further increasing customer flow to the site
• Complete with a drive-thru, providing ease and convenience for customers
• Positioned in a growing industrial area with a wide variety of national/credit tenants including General Mills Operations, Lowe’s Distribution Center, Wayfair, FedEx, and more
• Property is estimated for a mid May 2025 grand opening
• Includes a $200,000+ investment to Val Verde High School
• Industry-leading brand with over 8,200 locations across 30+ countries, serving over 40MM customers weekly in the U.S. alone

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