Red Robin 30142 Haun Rd Local commercial 562 m² À vendre Menifee, CA 92584 2 754 417 € (4 900,55 €/m²) Taux de capitalisation 5,25 %

CBBR is pleased to exclusively offer for sale a freestanding property ground leased to Red Robin International, Inc (dba Red Robin Goumet Burgers & Brews). The lease is absolute NNN with no landlord responsiblities. Lease term remains about 8 years with 2 x 5 years options to renew. Rent Increases 10% increase per every 5 years throughout main terms and option terms (next increase: 10/1/2028). This is very high performaing Red Robin location. Tenant reports store sales. This property is located within Countryside Marketplace (730,000 sf, 5 million visitors/year), the dominant power center immediately adjacent to the I-215 freeway and anchored by Super Target, Lowe's, Best Buy, Kohl's, Michaels, HomeGoods, T-J-Maxx, Burlington,etc. The City of Menifee has seen a significant population growth over the last several years (consistent 3 % annual growth rate). In 2023, Menifee was rankerd as the top city for growth in California, and one of the top 15 cities in the Nation. * The developer of Gountryside Marketplace has first right of refusal to purchase (14 days). Please contact James Kwon ( cell: 949-246-0759, email: jikwon99@yahoo.com) if you have any questions.