Taco Bell San Mateo

1975 S El Camino Real,
San Mateo, CA 94403

Extremely Rare SF Peninsula Absolute NNN

2.75%
CAP RATE
1,958
Building SF
$118,800
Current Rent
.41
Land Acres
Absolute NNN
Lease Type
43,141 VPD
Traffic Counts
2.75%
CAP RATE
1,958
Building SF
$118,800
Current Rent
.41
Land Acres
Absolute NNN
Lease Type
43,141 VPD
Traffic Counts

INVESTMENT OVERVIEW

  • Essential CRE is pleased to present the opportunity to acquire an extremely rare single-tenant absolute NNN leased Taco Bell located at 1275 S El Camino Real in San Mateo, CA. The subject property is 1,958 SF and resides on .41 acres of land on one of the busiest commercial corridors in San Mateo County. There are 12.5 years remaining on the initial lease term with three, 5-year options and 8% increases every 5 years. This site benefits from being on a signalized intersection with excellent exposure, pylon signage and over 43,141 vehicles per day. The franchisee operator, AV Ventures, owns and operates over 100+ units throughout the Western and Central US.

INVESTMENT HIGHLIGHTS

  • Extremely Rare San Mateo (San Francisco Peninsula) Taco Bell in Prime Location
  • 12.5 Years Remaining on Absolute NNN Lease with 8% Increases Every 5 Years
  • Very Strong Franchisee Operator - AC Ventures with 100+ Units
  • Highly Visible and Trafficked Location with Pylon Sign and Ample Parking
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282