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29960896
29960897

2819 N Broadway, Los Angeles, CA 90031 For Sale

JC
CA 01944544
Highland Partners Corp
JC
CA 01461046
First Street Brokerage
Listed by Highland Partners Corp, First Street Brokerage
$4,540,230
143 days on market
Updated 44 days ago
Opportunity zone

Taco Bell

Details
APN 5204-021-003
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 1,488
Cap Rate 4.35%
NOI $197,500
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 05/05/2046
Remaining Term 19.8
Rent Bumps Yes
Lease Options Three (3), five-year options
Year Built 2026
Buildings 1
Stories 1
Lot Size (SqFt) 7,841
Investment Type Net Lease
Lease Commencement 05/05/2026
Occupancy Date 05/05/2026
Ground Lease Yes

Brand New Taco Bell | Absolute NNN 20 Year Lease | Los Angeles, CA

Marketing description

Highland Partners Corp is pleased to present the opportunity to acquire 2819 N. Broadway, Los Angeles, CA 90031. This freestanding building is currently 100% net leased to Taco Bell located in Los Angeles, California.

Investment highlights

• RARE LA COUNTY LONG-TERM LEASE - New construction Absolute NNN operated by the highest revenue producing Taco bell franchisee in the system.

• INVESTMENT OPPORTUNITY IN LA - High-density, urban infill location in Central LA (Lincoln Heights). Over 314,000 people within a 3-mile radius with average household income exceeding $103,000. Just steps away is Keck Hospital of USC, a nationally ranked academic medical center with 401 licensed beds.

• IRREPLICABLE DRIVE-THRU - Brand-new Drive Thru configuration permitted under prior zoning regulations (now virtually impossible to approve in dense urban areas like Lincoln Heights) paired with a valuable grandfathered pylon sign providing premium visibility — new pylon signs are heavily restricted or prohibited under current City of Los Angeles sign ordinances.

Listing Contacts

JC
CA 01944544
Highland Partners Corp
JC
CA 01461046
First Street Brokerage
Listed by Highland Partners Corp, First Street Brokerage

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$197,500.00
$16,458.33/mo

Valuation Metrics

0
DSCR
4.35%
Cap Rate
4.35%
ROI

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Additional Information

Name
John Cigliano
License
01944544
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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