Temecula, CA 92590 27696 Jefferson Avenue
$3,175,000
19 more
Presented By: NATHANIEL DEVLIN with DEVLIN REALTY; 951-538-1112
SQFT • 3,821
Year Built • 1996
Home Details
This commercial restaurant property is situated on a 46,609 square foot lot. It offers 183 feet of frontage along Jefferson Avenue (four lane arterial street,) has a drive-thru and 55 parking spaces. The building is 3,821 square feet and was constructed in 1996; with the last remodel completed in 2022. It is currently outfitted with a fully operational Arby's on a long term lease - lessee is in year five of the current twenty year term, with two additional/optional five year extensions. This property is visible from the 15 freeway; with signage that is also visible from the freeway. It is situated in a well established area with a hotel on the adjacent property, as well as many other commercial spaces with active businesses. This is an incredible opportunity to procure property and earn rental income immediately.
Presented By: NATHANIEL DEVLIN with DEVLIN REALTY; 951-538-1112
Interior Features for 27696 Jefferson Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 27696 Jefferson Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeFastFood
Cap Rate4.53
Carport Y/NNo
CityTemecula
CoolingCentralAir
CountyRiverside
Current FinancingNone
DirectionsFrom the 15 Freeway exit at Winchester and travel west to Jefferson Ave. Go south on Jefferson until you reach the location. Restaurant is on the east side of Jefferson between the street and the 15
Electric On Property Y/NNo
ExclusionsThe Arbys franchise is not for sale and all FF&E belong to the lessee.
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Exchange1031
Lot Size Square Feet46609.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
Net Operating Income144000.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense0.0
Property Attached Y/NNo
Property Sub Type AdditionalBusiness
Property SubtypeBusiness
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
UtilitiesElectricityConnected, PhoneConnected, SewerConnected, WaterConnected
Year Built1996
Year Built SourceAssessor
ZoningUC
Exterior for 27696 Jefferson Avenue
Building Area Total3821.0
Crops Included Y/NNo
FencingExcellentCondition
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres1.07
Lot Size Area46609.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
