El Pollo Loco @ The 60 Freeway | High Visibility Location

1343 Nogales Street, Rowland Heights, CA 91748

Property Description

Price: $2,760,000*
Land Area: ±30,632 SF
Cap Rate: 4.00%
Gross Leasable Area: ±2,808 SF
Year Built: 1990

Investment Highlights

*Tenant has a property tax cap from increases due to a sale. Seller shall credit the difference in rent for the entirety of tenant’s lease (including unexercised options) based on the final sale price. At list price, the credit will amount to $202,370, resulting in an adjusted price of $2,557,630.

Investment Highlights:

Rare Freeway-Adjacent Parcel with Highly-Visible Pylon Signage, Providing Exposure to Over 400,000 Cars Per Day

Located in the Highly Coveted Rowland Heights Trade Area

Bite-Sized Price Point | Extraordinarily Low Rent of Just $110,000 Per Year Offers the Opportunity to Realize 50-100% Upside Upon Lease Expiration

Rare Investment Offering

  • First Time Offered on the Market
  • Located in Rowland Heights, One of Los Angeles MSA’s Most Desirable Retail Trade Areas With Limited Availability
  • Absolute NNN Ground Lease with Zero Landlord Responsibilities | Experienced Operator of ±50 El Pollo Loco Stores
  • Close Proximity to the City of Industry and Rowland Heights Industrial Zones, Spanning Nearly 10 Miles Along Highway 60 With ±50 Million Square Feet of Industrial Space and Tens of Thousands of Employees

Strong Real Estate Fundamentals

  • Located Directly at the Nogales Street Entrance and Exit to the 60 Freeway With Exceptional Accessibility
  • Prominent Pylon Signage on High-Traffic Corridor, Which Consistently Drives Strong Customer Activity
  • Excellent Demographics With Nearly 300,000 Residents Within a Five-Mile Radius and Average Household Incomes Exceeding $127,000

 

Contact Information

Ron Duong
Ron Duong
Senior Managing Director Investments
(949) 419-3233
[email protected]
License: CA 01438643

Peter Deltondo
The Deltondo Group
Senior Managing Director Investments
(949) 419-3267
[email protected]
License: CA 01797033

Andre Thompson
The Deltondo Group
Director Investments
(949) 419-3217
[email protected]
License: CA 02086459

Subscribe For New Listings

Please enter your information to Subscribe For New Listings:

Your Name(Required)
Tenant Type
Are you an investor or broker?