No hassle Investment property. Prime San Clemente Retail, in redevelopment area. Pure NNN lease 2.5 years remaining with (one) 5 year option to extend. Current rent will increase 09/01/05 to CPI or 150.00 per month, whichever is greater. Would bring GSI/NOI to $56,112 yielding a 5.10% cap rate. Subject to cancellation of current escrow.. Location:Retail Frontage.