Corporate NNN commercial buildings FOR SALE


Baldwin Park, CA
$2,398,000 USD
626-631-4824
, Baldwin Park, CA for Sale
$2,398,000 USD
FOR SALE
1/2
null | 6.01% Cap Rate

Corporate NNN commercial buildings
Baldwin Park, CA


HIGHLIGHTS

  • Corporate Guaranteed Lease
  • Annual Rental Increases
  • Positioned In a Dense, Growing Trade Area With Strong Traffic and Retail Demand
  • Strategic San Gabriel Valley Location In a Dense, Infill Market With Limited Competing Supply
  • Strong Demographics | 547,000+ Residents Within a 5-Mile Radius, Median Household Income Around $60,000

OVERVIEW

NNN Retail Group is pleased to present a Corporate NNN commercial building in Baldwin Park, CA. The property consists of two buildings and is occupied by HDL Management USA Corp. Situated on a highly visible corridor, the property is a true NNN lease with annual rent increases and with approximately 4.5 years remaining on the lease term. The tenant is HDL Management USA Corp which is the US arm of Haidilao. Founded in 1994, Haidilao has become an internationally renowned hotpot brand and catering giant with over 20 years of development. By the end of June 30, 2020, Haidilao has opened 935 chain restaurants in China, Singapore, U.S., South Korea, Japan, Canada, the United Kingdom, Malaysia, Vietnam, Indonesia and Australia. Haidilao is rapidly expanding in the US with 13 locations. Strategically located in Baldwin Park, the property benefits from excellent accessibility and a strong surrounding demographic base. Within a five-mile radius, the population exceeds 547,000 residents with a median household income of over $60,000, ensuring a consistent customer base for retail and office tenants alike. Maine Avenue serves as a primary artery for the area, offering visibility and traffic counts that make this an ideal site for a wide range of users. This investment presents a rare opportunity to acquire a stabilized asset in a dense infill San Gabriel Valley location with limited competing supply. Investors benefit from secure income, future rent growth, and strong underlying real estate fundamentals.

ASK ABOUT THIS PROPERTY

Kevin LeNNN Retail GroupMore Info
626-631-4824

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Kevin LeNNN Retail GroupMore Info
626-631-4824

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