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  1. Commercial Properties
  2. CA
  3. Eastvale
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For Sale

Miguel's Jr Homestyle Mexican Foods

13382 Limonite Avenue, Eastvale, CA 92880

Freestanding drive-through restaurant on Limonite Avenue in Eastvale within a high-traffic neighborhood shopping center anchored by Smart & Final and supported by national retailers.Lee & Associates – Orange is pleased to present the opportunity to acquire a single-tenant absolute NNN ground lease investment occupied by Miguel’s Jr. Homestyle Mexican Foods, a drive-through restaurant, in Eastvale, California. The property consists of a 2,932-square-foot freestanding restaurant building situated on a 30,056-square-foot pad site with 22 dedicated parking spaces. Strategically positioned within a high-traffic neighborhood shopping center anchored by Smart & Final, the property benefits from strong consumer traffic and excellent visibility. The center is further supported by a complementary tenant mix that includes nationally recognized brands such as El Pollo Loco and Dutch Bros. Miguel’s Jr. operates under a long-term absolute net ground lease with more than 12 years of remaining lease term, providing investors with stable, passive income and zero landlord responsibilities. The lease includes four (4) additional five-year extension options, offering potential occupancy through 2058 and creating a durable long-term investment opportunity. Located in one of the Inland Empire’s fastest-growing communities, this offering combines the security of an established restaurant operator, the benefits of an absolute NNN ground lease structure, and the strength of a highly trafficked retail location within a growing trade area.

Key features

  • Building SF ±2,932 SF
  • Cap Rate 4.89%
  • Commencement Date October 1, 2018
  • Extension Options Four (4) extension options of five (5) years each
  • In-Place NOI $126,500
  • Lease Expiration September 30, 2038
  • Lease Type Absolute NNN – zero landlord responsibilities
  • Lot Size ±0.69 AC (±30,056 SF)
  • Ownership Leased Fee Interest
  • Purchase Price $2,585,000
  • Rental Escalations 10% every 5 years
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
John Son

Lee & Associates Orange

Building Details

  • For Sale $2,585,000
  • Property Type Retail - Street Retail
  • Property Size 2,932 SF
  • Lot Size 0.69 Acre
  • Year Built 2018
  • Date Updated Jun 17, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Car-Dependent (50)
  • Bike Score ®

    Somewhat Bikeable (33)
Powered by Walk Score ®

Location

  • City Eastvale, CA
  • Zip Code 92880
  • Market Inland Empire

Points of Interest

Pedley

5.68 miles

Corona–North Main

6.57 miles

Ontario

7.26 miles

Rancho Cucamonga

8.02 miles

Vons 2688 Fuel Station

1.01 miles

Eastvale - Limonite Ave SuperCharger

1.08 miles

7-Eleven

1.50 miles

Costco Gasoline

1.78 miles

Chevron

2.88 miles

Arco

2.92 miles

Mobil

3.08 miles

Valero

3.13 miles

76

3.52 miles

Amazon Parking Lot

1.77 miles

A

1.88 miles

E

1.90 miles

F

1.94 miles

D

2.04 miles

B

2.15 miles

C

2.22 miles

Norco @ 6th St Park And Ride

2.80 miles

Montecito Park Union Church

3.71 miles

Sprouts Farmers Market

0.85 miles

Ralphs

0.88 miles

Vons

1.03 miles

Target

1.23 miles

Kohl's

1.40 miles

Albertsons

1.50 miles

Stater Bros.

1.57 miles

ALDI

1.68 miles

Ross

1.70 miles

13382 Limonite Avenue Listing Summary

  • What is the asking price at Miguel's Jr Homestyle Mexican Foods?

    Miguel's Jr Homestyle Mexican Foods is currently listed for sale at Contact for pricing.

  • What is the total size of Miguel's Jr Homestyle Mexican Foods?

    Miguel's Jr Homestyle Mexican Foods has a total of 2,932 square feet.

  • What is the year built for Miguel's Jr Homestyle Mexican Foods?

    The year built for Miguel's Jr Homestyle Mexican Foods is 2018.

Contact Listing Broker
broker
John Son

Lee & Associates Orange

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