Description
Exceptional Investment Opportunity in San Clemente!101 Avenida Serra and 102 Avenida Cabrillo"two prime legal parcels in the heart of San Clementes vibrant downtown. This fully-leased gem offers a solid 10-year NNN lease with a popular canteen and a 6-year NNN lease with a popular hotel, ensuring stable and reliable income.With a robust estimated Net Operating Income of $288,000, this property not only boasts 10 dedicated parking stalls but also benefits from its strategic Mixed Use 3.1 (MU3.1) zoning, providing a range of future development possibilities.Seize this opportunity to invest in a thriving location with established, high-quality tenants. Perfectly positioned for continued growth and profitability"101 Avenida Serra and 102 Avenida Cabrillo represent a unique and valuable addition to any investment portfolio.
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Exceptional Investment Opportunity in San Clemente!101 Avenida Serra and 102 Avenida Cabrillo"two prime legal parcels in the heart of San Clementes vibrant downtown. This fully-leased gem offers a solid 10-year NNN lease with a popular canteen and a 6-year NNN lease with a popular hotel, ensuring stable and reliable income.With a robust estimated Net Operating Income of $288,000, this property not only boasts 10 dedicated parking stalls but also benefits from its strategic Mixed Use 3.1 (MU3.1) zoning, providing a range of future development possibilities.Seize this opportunity to invest in a thriving location with established, high-quality tenants. Perfectly positioned for continued growth and profitability"101 Avenida Serra and 102 Avenida Cabrillo represent a unique and valuable addition to any investment portfolio.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-02T11:32:56.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.