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🏢 Just listed — QSR/Fast Food Retail for sale in LAKE ELSINORE, CA.

📍 Lake Elsinore CA 92530, LAKE ELSINORE, CA
🏷  QSR/Fast Food Retail · For Sale
💰 $33.98M

CUP approved for Gas, QSR, Car Wash, C-Store, TTM Aprvd for Retail/74 Condos, 2 Drive through QSR

<ul><li>Superb location on the highly traveled, southernmost artery from Temecula Valley to South Orange County. APN # 's 381-320-026 & 381-320-020 total of 12.54 acres on the sign

Full financials, photos, and broker contact:
https://commrty.com/property/california/lake-elsinore/signalized-corner-ortegagrand-1254-acres-cupttm-approved-2502620-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=signalized-corner-ortegagrand-1254-acres-cupttm-approved-2502620

#LAKEELSINORE #Retail #CommercialRealEstate #CRE #Investment

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Home/CA/LAKE ELSINORE

Lake Elsinore CA 92530

LAKE ELSINORE, CA 92530

Asking Price

$33.98M

Asset Type

QSR/Fast Food Retail

Class

Class B

What's Special

CUP approved for Gas, QSR, Car Wash, C-Store, TTM Aprvd for Retail/74 Condos, 2 Drive through QSR <ul><li>Superb location on the highly traveled, southernmost artery from Temecula Valley to South Orange County. APN # 's 381-320-026 & 381-320-020 total of 12.54 acres on the signalized Corner of Ortega & Grand in Lake Elsinore, California. The land is fee simple and is nearing final tentative tract map approval for 6 lots: </li><li>1. Gas Station/ConvenienceStore/Office (6,480 sq. ft.) Space on 2nd story (approx.1,4300 sq. ft.)/QSR (approx. 1,912 sq. ft.) CUP Approved</li><li>2. Restaurant

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

0.24%

DSCR

0.04

Underwater

Cash-on-Cash

-19.01%

Monthly Payment

$168,114.5

Annual Cash Flow

$-1,937,373.998

Location & Travel Times

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