Wienerschnitzel, Victorville, CA | 12931 Hesperia rd
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Wienerschnitzel, Victorville, CA 12931 Hesperia rd
2,038 SF Retail Building Victorville, CA 92395 $3,446,640 CAD ($1,691 CAD/SF) 5% Cap Rate
Investment Highlights
- Wienerschnitzel is an American fast food chain with over 350 locations, specializing in Hot Dogs, Hamburgers and more.
- Dual branded location with both the Wienerschnitzel and Tastee Freeze concepts operating out of the location.
- Wienerschnitzel is the world's largest hot dog chain, serving over 120 million hot dogs a year.
- The largest Southern California Wienerschnitzel operator with 20 locations in California, and one location in Nevada.
Executive Summary
Marketing Description:
Sale Leaseback Opportunity with Largest Wienerschnitzel operator in Southern California.
Long Operational History - Tenant has been operating at this location since 2007.
Existing Drive-Thru Building - Below replacement cost rent for a drive-thru building.
Pride of ownership building. Parking lot is concrete, for less long term maintenance requirements.
Long Term Lease - increases every 5 years for uninterupted cash flow for many years to come.
Fast Food, Internet Resistant and Recession-Proof - highly coveted fast food category, a product that is internet and recession resistant.
Absolute NNN lease structure - allowing for a long term passive investment with strong cash flow.
Investment Highlights:
Located in Victorville, CA - As the highpoint between Los Angeles and Las Vegas, Victorville serves as the leading city for both industry and retail in the High Desert region. Approximately 60% of all goods moving into and out of Southern California travel through Victorville.
Major Retail and Industrial Cooridor - Hisperia Road services the primary retail and industrial trade area of Victorville, with close proximity to Goodyear Tire and Rubber, The Nutro Company, Americold Logistics and Church & Dwight Co.
Home of the Southern California Logistics Airport - Victorville is the home of the Southern California Logistics Airport, housed on 2,300 acres of the former George Air Force Base. The SCLA serves as a business, military and freight logistics airport and a large transitional facility for commercial aircraft.
Strong Traffic Counts - Over 43,000 vehicles per day through the intersection, including over 34,151 vehicles per day on Hisperia Road.
Tenant Highlights:
Wienerschnitzel is an American fast food chain with over 350 locations, specializing in Hot Dogs, Hamburgers and more.
Wienerschnitzel is the world's largest hot dog chain, serving over 120 million hot dogs a year.
Dual branded location with both the Wienerschnitzel and Tastee Freeze concepts operating out of the location.
The largest Southern California Wienerschnitzel operator with 20 locations in California, and one location in Nevada.
Sale Leaseback Opportunity with Largest Wienerschnitzel operator in Southern California.
Long Operational History - Tenant has been operating at this location since 2007.
Existing Drive-Thru Building - Below replacement cost rent for a drive-thru building.
Pride of ownership building. Parking lot is concrete, for less long term maintenance requirements.
Long Term Lease - increases every 5 years for uninterupted cash flow for many years to come.
Fast Food, Internet Resistant and Recession-Proof - highly coveted fast food category, a product that is internet and recession resistant.
Absolute NNN lease structure - allowing for a long term passive investment with strong cash flow.
Investment Highlights:
Located in Victorville, CA - As the highpoint between Los Angeles and Las Vegas, Victorville serves as the leading city for both industry and retail in the High Desert region. Approximately 60% of all goods moving into and out of Southern California travel through Victorville.
Major Retail and Industrial Cooridor - Hisperia Road services the primary retail and industrial trade area of Victorville, with close proximity to Goodyear Tire and Rubber, The Nutro Company, Americold Logistics and Church & Dwight Co.
Home of the Southern California Logistics Airport - Victorville is the home of the Southern California Logistics Airport, housed on 2,300 acres of the former George Air Force Base. The SCLA serves as a business, military and freight logistics airport and a large transitional facility for commercial aircraft.
Strong Traffic Counts - Over 43,000 vehicles per day through the intersection, including over 34,151 vehicles per day on Hisperia Road.
Tenant Highlights:
Wienerschnitzel is an American fast food chain with over 350 locations, specializing in Hot Dogs, Hamburgers and more.
Wienerschnitzel is the world's largest hot dog chain, serving over 120 million hot dogs a year.
Dual branded location with both the Wienerschnitzel and Tastee Freeze concepts operating out of the location.
The largest Southern California Wienerschnitzel operator with 20 locations in California, and one location in Nevada.
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,038 SF
Year Built
2007
Price
$3,446,640 CAD
Price Per SF
$1,691 CAD
Cap Rate
5%
NOI
$172,332 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.62 AC
Zoning
C-2, General Commercial
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 3090-481-10 | Improvements Assessment | $735,708 CAD |
| Land Assessment | $230,190 CAD | Total Assessment | $965,898 CAD |
PROPERTY TAXES
Parcel Number
3090-481-10
Land Assessment
$230,190 CAD
Improvements Assessment
$735,708 CAD
Total Assessment
$965,898 CAD
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Wienerschnitzel, Victorville, CA | 12931 Hesperia rd
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