Description

Recently Extended 10-Year Lease with Options – Del Taco has signed a new long-term agreement, securing its tenancy for the next ten (10) years, along with two (2) additional five-year renewal options.Established, Long-Term Tenant – Del Taco has operated at this site for more than 40 years and demonstrated its continued commitment by executing the new lease.Attractive 15% Rent Escalations – Scheduled rent increases every five (5) years deliver strong income growth, outperforming many comparable net-lease opportunities.Corporate Guaranty at a Compelling Price Point – In the highly competitive Southern California market for stabilized drive-thru assets, this property stands out with a more favorable entry price than other investments with similar credit strength, lease duration, and location quality.