CASTANEDA'S MEXICAN FOOD IN PALM DESERT, CA
72810 Dinah Shore Drive, Palm Desert, California 92211
Net Lease Realty Partners is excited to present the rare opportunity to
acquire the fee simple interest in a quick service restaurant site,
located on the famous Dinah Shore Drive in Palm Desert, California.
The property is well situated as an out parcel to a busy Costco
Wholesale & Fuel Station anchored retail center.
The current tenant operates “Castañeda’s Mexican Food” a private
southwestern chain of quick service restaurants, specializing in
authentic Mexican Food. There are currently 26 Castañeda’s locations
scattered throughout Southern California. The tenant recently
exercised an early lease extension, demonstrating a strong
commitment to the site. The lease is absolute triple net (NNN), with no
landlord responsibilities. This location operates 24 hours, and includes
a convenient drive-thru.
- - ABSOLUTE NET (NNN) LEASE WITH ZERO LANDLORD RESPONSIBILITIES
- -OPERATOR OF 26 LOCATIONS
- -94,000+ CARS PASS BY MONTEREY AVENUE FREEWAY EXIT
- - 24 HOUR STORE LOCATION WITH DRIVE THRU
- - OUT PAD TO COSTCO WHOLESALE AND FUEL STATION
8/12/2019 12:00:00 AM
8/13/2019 7:21:20 PM