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26754376
26754378

4520 Maine Ave, Baldwin Park, CA 91706

KL
01511997
NNN & Retail Group
Listed by NNN & Retail Group
$2,398,000
277 days on market
Updated 40 days ago

Haidilao Corporate (900+ Units) NNN Lease

Details
Property Type Office, Retail
Sub Type Restaurant, Traditional Office
Square Footage 8,386
Net Rentable (SqFt) 8,386
Units 2
Cap Rate 6.01%
NOI $144,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 10/31/2030
Remaining Term 4.4
Rent Bumps Yes
Price per SqFt $286
Year Built 1956
Buildings 2
Stories 1
Acreage 0.620
Investment Type Stabilized
Tenant Credit Corporate Guarantee
Lease Commencement 11/01/2025
Occupancy Date 11/01/2025
Ground Lease No
Ownership Fee Simple

NNN Maine Avenue

Marketing description

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.

Investment 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

Listing Contacts

KL
01511997
NNN & Retail Group
Listed by NNN & Retail Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$144,000.00
$12,000.00/mo

Valuation Metrics

0
DSCR
6.01%
Cap Rate
6.01%
ROI

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