San Clemente
In-N-Out

SR Watt successfully redeveloped a 1.8-acre under-utilized office site in San Clemente, CA, into a thriving real estate asset through a strategic long-term ground lease with In-N-Out Burger. This transformation resulted in the development of a 3,280-square-foot restaurant—marking In-N-Out’s highly anticipated first location in the city.

The project’s thoughtful design, inspired by Spanish Colonial Revival architecture with a signature red tile roof, was met with widespread acclaim, including media coverage from the Orange County Register. Featuring a single-lane drive-thru, the restaurant offers both convenience and a distinctive aesthetic that complements the local architectural landscape.

This redevelopment not only maximized the site’s potential but also provided the community with a sought-after dining destination. The project demonstrates SR Watt’s ability to unlock value through strategic, opportunistic investments that generate long-term cash flow secured by a highly creditworthy tenant.

By leveraging its deep expertise in real estate investment management, SR Watt successfully enhanced the property’s value, ensuring a stable and attractive income stream for years to come.