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Lead Agents

Dave Lucas

(925) 744-5217

dave@monarchcommercial.com

CA DRE #01389761

NV RED #10011411

Brandon Norton

(480) 269-3154

brandon@monarchcommercial.com

CA DRE #01985777

ADRE #BR710308000

Under Contract: The Waffle Spot

Madera, California

Price:

$1,287,000

Cap Rate:

6.00%

NOI:

$77,214

Built:

1979

Building Size (SF):

5,500 SF

Lot Size (Acres):

0.50 AC

This established restaurant property sits in the heart of Madera’s dominant retail corridor, where national brands and daily-needs retail drive consistent consumer traffic. The Waffle Spot has operated at this location since 2001 and benefits from co-tenancy with Crunch Fitness, CVS Pharmacy, and Burger King within a recently reimagined shopping center. With over 86,000 residents within five miles and a location positioned to benefit from ongoing growth throughout Madera, this asset checks a lot of boxes.

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