25825 Las Vegas Ave, Dana Point, CA 92624

6,000 SF Specialty Building Offered at $3,700,000 at a 6.49% Cap Rate in Dana Point, CA 92624

Asking Price $3,700,000

Property Type
Specialty
Square Feet
6,000 SF
Price / Square Foot
$617

Listing Contacts

Matt Hustad
Matt Hustad

Property Overview

Prime Capistrano Beach/ Dana Point location off Pacific Coast Highway at the Doheny Road Exit, directly off the freeway exit when entering into Dana Point off Interstate 5. Triple-Net (NNN) long term lease with National Credit Tenant. The property has been leased to a tenant who will offer electric car chargers for the public and has thousands of electric car charging stations nationwide. This is a terrific long term investment, cap rate and NOI. Charging Stations, Charging equipment to serve electrical vehicles is scheduled to be installed on the site (Tenant Improvements) Great location across from Doheny State Beach in a legacy neighborhood making this a great long term income property and asset hold in an amazing beach community.
The property is offered for $3,700,000
-monthly lease rate is: $20,000
-annual income is: $240,000
-CAP rate is 6.5%
-Annual automatic rental increase: 3%
-tenant is: AAA Rated, National Credit Tenant-Thousands of EV stations nationwide
-property is located at: 25825 Las Vegas Ave, Dana Point, CA
-lease start date was: 12/21/22 ( 18 months ago)
-first months payment was made: 12/21/23-December of 2023 through August of 2024 payments have been made by tenant
-10 year lease with 2, 5 year extensions
Contact me with further questions about this amazing opportunity with an incredible return.

Property Details

Class
A
Year Built
2023
Stories
1
Property Subtype
Parking
Lot Size (sq. ft)
6,534 SF

Highlights

  • Income
  • Location
  • National Credit Tenant

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