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$ 2,099,888
Est. payment | /mo
0.77 Acres Lot
$ 2,099,888
Est. payment | /mo
0.77 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26181797
HOA Y/N No
Land Lease Amount 81000.0
Year Built 1999
Lot Size 0.770 Acres
Lot Dimensions Public Records
Property Sub-Type Retail
Property Description
Taco Bell absolute NNN ground lease opportunity located at 18772 Valley Blvd in Bloomington, California. The property benefits from a highly accessible setting off I-10 near Cedar Avenue, placing it in close proximity to steady regional traffic and a strong concentration of surrounding businesses. This is a hands-off, long-term investment supported by a stable nationwide corporate Taco Bell tenant that has operated at the site since 1998. The ground lease term extends through May 2039, featuring 10% rent increases every five years to provide durable income growth potential. Next 10% increase scheduled for May 2029. Taco Bell has further demonstrated its commitment to the location with an approximately $1.5 million investment to fully remodel the premises in 2019. Bloomington's broader commercial and logistics demand is supported by major employers and operators in the region, including Amazon, Staples, Union Pacific Rail, Old Dominion Freight Company and Kaiser Permanente.
Location
State CA
County San Bernardino
Area 265 - Bloomington
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Total Parking Spaces 33
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 0253072350000
Special Listing Condition Standard
Listed by ADAM KAWASAWA FLOW PROPERTIES 626-377-7007, DRE #01751923
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