The Snyder Carlton National Net Lease Team is pleased to offer to investors an excellent opportunity to acquire the single tenant absolute NNN ground leased El Pollo Loco in the Salt Lake Valley. El Pollo Loco is a publicly traded (NASDAQ: LOCO) fast food concept with over 500 locations across the country. The property is lease by a 23 Unit Operator with 6 units in UT, 15 units in CA, and 2 units in CO and are continuing to grow. The absolute net ground lease has over 18 lease years remaining in the primary term with five 5-year option periods, 10% rent increases every 5 years and no landlord responsibilities creating effortless income for a passive investor. The 2,400 SF building on 0.58-acre parcel is an outparcel to Smiths grocery store and is positioned on 4700 South which sees over 37,400 VPD and is within 20 minutes from downtown Salt Lake City. Nearby retailers include Walmart Neighborhood Market, Smith’s, The Home Depot, Walgreens, 7-Eleven, Wells Fargo, McDonald’s, Starbucks, Dutch Bros Coffee, Carl’s Jr. and more.