5795 Bickett St - Freestanding FOR SALE
Huntington Park, CA 90255 |
$8,111,111 USD
858-373-3184
5795 Bickett St
Huntington Park, CA 90255
HIGHLIGHTS
- Los Angeles Trophy Location - Generational Opportunity - 15-Year Absolute Net Lease.
- Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 Construction w/ Dual Drive-Thru.
- Positioned Along Area’s Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility. Signalized Hard Corner Location.
- In 2024, Raising Cane’s is Projected to earn more than $4.5B in Systemwide Sales, eclipse $6 Million in AUV, and finish w/ more than 850 Restaurants.
- Pad to a Brand New Construction Target - Recent Grand Opening. The Home Depot, Located Across the Street, is in the Top 2% of Most Visited Home Depot.
- Extremely Dense Los Angeles Submarket with over 1M People Residing in a 5-mile Radius. By 2025, the Population is Expected to Increase by 2.75%.
FOR SALE DETAILS
PRICE
$8,111,111 USD
PRICE/SF
$2,236 USD /SF
CAP RATE
4.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
RAISING CANE'S w/ DR-THRU | 15YR NNN GOUND
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.78 AC
LAND SF
33,977 SF
ZONING
HPM2
APN/PARCEL ID
6310-016-010
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858-373-3184
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858-373-3184
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