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Investment Highlights

  • New Construction Single-Tenant Dutch Bros. Drive-Thru; 15-Year Absolute NNN Corporate Ground Lease
  • No landlord responsibilities; passive single-tenant net leased asset
  • Located within the Trade Area’s Dominant Retail Corridor: Surrounding shopping centers see 13+ million combined annual visits (Placer.ai)
  • 15-year absolute NNN corporate ground lease; 10% increases every 5 years
  • The Property is Part of a New Stater Bros Market-Anchored Retail Development
  • Immediately Adjacent to Interstate-15 (127,000 CPD), Just off the Central Avenue Exit

Executive Summary

15-Year Absolute NNN Corporate Ground Lease | Pad to New Stater Bros Market-Anchored Center | Located within Regional Retail Corridor (13M Combined Annual Visits, Placer.ai)

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
980 SF
Year Built
2026
Price
$3,896,454 CAD
Price Per SF
$3,975.97 CAD
Cap Rate
4.65%
NOI
$181,230 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.01 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
40/100
Not bikeable
10/100

Nearby Major Retailers

Grocery Outlet
Chili's Grill & Bar
The Coffee Bean & Tea Leaf
Navy Federal Credit Union
The Habit Burger Grill
One Hawaiian BBQ
Golden Corral
LA Fitness
IHOP
Bank of America
  • Listing ID: 41707251

  • Date on Market: 2026-08-11

  • Last Updated:

  • Address: 29190 Central ave, Lake Elsinore, CA 92532

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