35926 Winchester Rd - Freestanding FOR SALE


Winchester, CA 92596
$2,771,000 USD
480-221-4221
35926 Winchester Rd, Winchester, CA for Sale
$2,771,000 USD
Freestanding - FOR SALE
1/6
null | 4.5% Cap Rate

35926 Winchester Rd
Winchester, CA 92596


HIGHLIGHTS

  • Brand New 20-Year Lease | Corporate Signed | Scheduled Rental Increases | Brand New Construction
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Winchester Road (28,500 VPD) | Drive-Thru Equipped
  • Outparcel to French Valley Marketplace | Retail Corridor |Strong National/Credit Tenant Presence
  • Direct Residential Consumer Base | Six Figure Incomes | Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, drive-thru equipped, freestanding El Pollo Loco investment property located in French Valley, CA. The tenant, El Pollo Loco, Inc., recently signed a brand new 20-year lease with 2 (5-year) options to extend and 1 (4.5-year) option, demonstrating their commitment to the site. The lease features an approximate 10% rental increase in years 11 and 16 of the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is corporate signed and absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The building features state-of-the-art, brand new construction with modern amenities and design. The property recently had their grand opening on January 1st, 2025, with rent commencing on that date as well.

FOR SALE DETAILS

PRICE

$2,771,000 USD

PRICE/SF

$792 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Pollo Loco | New 20yr Corp Abs NNN | DrThr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

-

APN/PARCEL ID

480-990-003

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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