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2567 Commerce Pky
Barstow, CA 92311

Freddy's Frozen Custard & Steakburgers · Land For Sale · 1.00 AC

Investment Highlights

  • Best in Class Tenants
  • Established Franchisee
  • The Outlets at Barstow (171,300 SF) | Hospitality Cluster | Strong National/Credit Tenant Presence
  • Ideal Lease Term
  • Located Along Lenwood Road with Quick Access to Interstate 15
  • Offered Free & Clear of Existing Debt

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Restaurant
Total Lot Size 1.00 AC

Description

The Newmark Capital Markets team is pleased to present a unique investment opportunity: the acquisition of an exceptional single-tenant NNN asset prominently situated along the 15 Freeway at one of the most active QSR and Fast Casual freeway exits on the path to Las Vegas, NV. The subject property features a 2,500 square foot drive thru Freddy’s Frozen Custard & Steak Burgers located at the Lenwood Rd freeway exit along the I-15 Freeway in the City of Barstow. The property is conveniently located near Lenwood Road and Commerce Pkwy, a busy retail area with 13,000 daily passing vehicles. The restaurant has a drive-thru, which typically leads to higher sales. It also benefits from nearby access to Interstate 15 (70,000 daily vehicles), a major commuter route in Barstow. This Freddy’s Frozen Custard is strategically positioned just 0.75 miles north of The Outlets at Barstow, a 171,300 SF outlet center that attracts over 2 million shoppers annually. Barstow Freeway/Interstate 15 is a primary retail and commuter route, with notable tenants like The Home Depot, Tractor Supply Co., McDonald’s, and Starbucks, creating synergy and attracting consumers. The restaurant is surrounded by hotels, including Hampton Inn & Suites, Comfort Suites, and Days Inn by Wyndham, providing a steady customer base. The 10-mile trade area includes over 34,000 residents and 10,000 daytime employees with an average household income of $65,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0421-313-21
Land Assessment
£878,863
Improvements Assessment
£1,278,346
Total Assessment
£2,157,208

zoning

Zoning Code Lenwood SP
Lenwood SP
  • Listing ID: 30028942

  • Date on Market: 10/11/2023

  • Last Updated:

  • Address: 2567 Commerce Pky, Barstow, CA 92311

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