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23650 Lyons Ave
Santa Clarita, CA 91321 Valencia

$2,050,000 USD

Fast Food For Sale  •  1,876 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 1,876 SF
  • Lot Size 0.32 AC
  • Building Class B
  • Year Built 1983
  • Tenancy Single
  • Zoning SCCP
0 Transit Score
79 Walk Score

Highlights

Del Taco executed a new long-term lease, committing to the location for ten (10) years with two (2), five (5)-year options.
Del Taco has been operating at this location for over 40 years and has shown commitment to this location after executing the new lease.
The rent increases every five (5) years providing superior rental growth compared to similar net lease properties.
Fully stabilized drive-thru product in Southern California is an extremely competitive market.
Conveniently located as an out-parcel to a Smart & Final-anchored shopping center, drawing a consistent customer base to the property.
The Tenant is currently paying below market rents, mitigating risk and allowing for upside in future rental income.

Amenities

  • Bus Line
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Newhall (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.6 mi
Santa Clarita (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 5.5 mi
AirportDriveWalkDistance
Bob Hope 26 min - 19.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Patrick Wade 818-259-0476 CBRE, Inc.
Patrick Wade 818-259-0476 CBRE, Inc.