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22309144
22309145

2 Locations

JH
CA 02069980
Ashwill Associates Commercial Real Estate
Listed by Ashwill Associates Commercial Real Estate
$4,000,000
997 days on market
Updated 78 days ago

Popeyes & Pizza Hut

Details
APN 5350-016-038, 5350-016-037
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,442
Net Rentable (SqFt) 2,242
Units 2
Cap Rate 4.65%
NOI $186,184
Occupancy 100%
Tenancy Multi
Brand/Tenant Popeyes, Pizza Hut
Lease Type Absolute NNN
Lease Term 34.1
Lease Expiration 09/30/2034
Remaining Term 8.3
Rent Bumps Yes
Lease Options Yes.
Price per SqFt $1,638
Broker Co-Op Yes
Class B
Year Built 1975, 1976
Buildings 2
Stories 1
Lot Size (SqFt) 17,120
Zoning SP - District 3 (SC) - Valley Blvd. Corridor
Parking Spaces 20 spaces
Parking Per SqFt 8.19
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 08/24/2000
Ownership Family Trust

Two separate NNN leased name brand QSR fast food sites.

Marketing description

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.

Investment highlights

Rare opportunity to purchase two name brand QSR sites in Southern California. Zero Landlord responsibilities. For more info, please call today.

Listing Contacts

JH
CA 02069980
Ashwill Associates Commercial Real Estate
Listed by Ashwill Associates Commercial Real Estate

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$186,184.00
$15,515.33/mo

Valuation Metrics

0
DSCR
4.65%
Cap Rate
4.65%
ROI

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