Kalaveras
340 W Grand Ave, Escondido, CA 92025

Pricing
Financials- Price
- $3,200,000
- Cap Rate
- 7.00%
- NOI
- $224,000
Property Details
Specs- Building Size
- ±14,191 SF
- Year Built
- 1972
- Land Area
- ±0.09 AC (3,960 SF)
- Property Type
- Retail
- Year Renovated
- 2024
Description
LONG TERM SALE-LEASEBACK INVESTMENT
Featuring a new 10-year lease to be executed at close of escrow, ensuring a hands-off opportunity with an income stream for many years to come.
ABSOLUTE NNN LEASE STRUCTURE
A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs, and maintenance.
STRONG LEASE GUARANTY WITH EXPERIENCED OPERATOR
The lease is guaranteed by twelve restaurant locations operated by the same operator. Tenant is a well-established and successful operator with 20 years of restaurant experience.
HEDGE AGAINST INFLATION
10% scheduled rental increases every five years provide for hedge against inflation and consistent rent growth.
PRIME LOCATION WITH STRONG TRAFFIC COUNTS
Situated along W Grand Ave, benefiting from strong traffic exposure, with combined ±27,662 ADT at the corner of W Grand Ave and S Escondido Blvd.
RECENT COMPLETE PROPERTY REMODEL
Extensively restaurant remodel in Q4 2024, providing modern infrastructure that enhances long-term tenant retention and property value stability.
FULL-SERVICE LIQUOR & EVENT LICENSED
Kalaveras operates as a vibrant Bar & Restaurant concept, fully licensed for full-service liquor and alcohol beverage operations, along with permits that support private events and off-site catering.
ROBUST SALES & HEALTHY RENT-TO-SALES RATIO
Kalaveras restaurants have demonstrated strong sales performance and maintain healthy rent-to-sales ratios, reflecting a stable business model.






