1224 S Atlantic Blvd - Fast Food FOR SALE


Alhambra, CA 91803
$4,500,000 USD
714-642-7690
1224 S Atlantic Blvd, Alhambra, CA for Sale
$4,500,000 USD
Fast Food - FOR SALE
1/10
null | 4.06% Cap Rate

1224 S Atlantic Blvd
Alhambra, CA 91803


HIGHLIGHTS

  • Stabilized investment.
  • Zero Landlord responsibilities.
  • Two of the world's largest fast food operators in free standing buildings.
  • Located at major signalized intersection.

OVERVIEW

Ashwill Associates is pleased to present, for sale, for the first time in nearly 40 years, two separate NNN leased fast food investments, located in Southern California within in Los Angeles County. These freestanding quick serve restaurants are located on the hard signalized corner of W. Valley Blvd. and S. Atlantic Blvd, in Alhambra, each with their own address and APN numbers. These two NNN leased investments offer an attractive opportunity for investors seeking stable income, a prime location, and reputable name-brand national tenants. Both Popeyes and Pizza Hut have been operating out of their respected locations here for more than 30 years and have both renewed their leases as they plan to be in place for the foreseeable future. These true NNN leases and their options have fixed rent escalations, and minimal landlord obligations, which will align with the goals of savvy real estate investors looking to build a solid and resilient portfolio in the QSR sector. Both properties have been recently renovated and are conveniently located in the thriving downtown district of Alhambra with high traffic counts, large daytime and full-time population, as well as easy ingress and egress. Don't miss the chance to secure these income-generating assets in a thriving market. For detailed financial information, property specifics, and a comprehensive investment analysis, please contact us for further due diligence.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$3,750 USD /SF

CAP RATE

4.06%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,463 SF

ZONING

ALCPD*

APN/PARCEL ID

5350-016-037,5350-016-038

ASK ABOUT THIS PROPERTY

Justin Hugron CCIMAshwill Associates Commercial Real EstateMore Info
714-642-7690

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Justin Hugron CCIMAshwill Associates Commercial Real EstateMore Info
714-642-7690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.