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1860 W Ramsey St
Banning, CA 92220

$1,499,983 USD

Fast Food For Sale  •  2,736 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,973 SF
  • Lot Size 0.58 AC
  • Building Class C
  • Year Built 1985
  • Tenancy Single
  • Zoning Downtown Commercial (DC)
0 Transit Score
69 Walk Score

Highlights

Dominant International Brand – Pizza Hut, a subsidiary of Yum! Brands, Inc., is the world’s largest pizza restaurant company
Proven Operator – Southern PacPizza, the operator & guarantor, is among the largest Pizza Hut franchise groups, w/ 77 locations & 30 yrs of op history
Strong Historical Occupancy and Sales – Pizza Hut has operated at this location since 1986 and under the current operator since 2012
Below Market Rent – Pizza Hut’s rent is only $78,749 Annually ($26.48 PSF/YR and $2.20 PSF/MO), well below market levels
High Visibility, High Traffic Location – Located on W. Ramsey Ave (12,800+ CPD)

Amenities

  • Freeway Visibility
  • Signage

Public Transportation

AirportDriveWalkDistance
Palm Springs International 33 min - 27.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
John Read 949-725-8606 CBRE
John Read 949-725-8606 CBRE