Miguel's Jr Homestyle Mexican Foods

For Sale

13382 Limonite Avenue, Eastvale, CA 92880

This Eastvale property for sale is located at 13382 Limonite Avenue. The current listed sale price for Miguel's Jr Homestyle Mexican Foods is $2,585,000. Miguel's Jr Homestyle Mexican Foods is situated on a lot that is 0.69 acre in size.

Contacts

John Son

Lee & Associates Orange

Property Details

  • Property Type Retail - Street Retail
  • Property Size 2,932 SF
  • Lot Size 0.69 Acre
  • Year Built 2018
  • Date Updated Jun 17, 2026
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.
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Highlights

  • 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

Attachments

Getting around

  • 50/100

    Walk Score ®

  • 33/100

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Location

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

Points of Interest

  • East Ontario

    4.39 miles

  • Pedley

    5.68 miles

  • Corona–North Main

    6.57 miles

  • Ontario

    7.26 miles

  • Rancho Cucamonga

    8.02 miles

  • Ralphs

    0.95 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

  • Mira Loma Park And Ride

    1.68 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

  • Miguel's Jr

    0.00 miles

  • Pieology Pizzeria

    0.04 miles

  • Poke Delight

    0.05 miles

  • El Pollo Loco

    0.09 miles

  • JINYA Ramen Bar

    0.78 miles

  • Waba Grill

    0.79 miles

  • The Habit Burger Grill

    1.03 miles

  • Farmer Boys

    1.11 miles

  • Luna Grill

    1.13 miles

  • Blaze Pizza

    1.13 miles

  • Smart & Final Extra!

    0.06 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

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