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31112985
31112986

11401 Washington Blvd, Whittier, CA 90606

TP
CA CA 01919110
GM Properties, Inc
Listed by GM Properties, Inc
$1,850,000
84 days on market
Updated 84 days ago

NNN Leased Restaurant | Long Term Occ. | New 15 YR Lease

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,310
Units 1
Cap Rate 5.76%
NOI $106,500
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 15
Lease Expiration 04/30/2041
Remaining Term 14.9
Rent Bumps Yes
Lease Options 3
Price per SqFt $801
Broker Co-Op Yes
Class B
Year Built 1979
Buildings 1
Stories 1
Investment Type Sale/Leaseback
Lease Commencement 05/01/2026
Occupancy Date 01/01/1979
Ground Lease No
Ownership Private

Retail | 5.76% CAP | 2,310 SqFt

Marketing description

GM Properties, Inc. proudly presents 11401 Washington Blvd in Whittier, California. The subject property located is a freestanding restaurant investment being offered as a sale-leaseback net lease opportunity with Rubi’s Grill & Frosty Freeze, a long-standing, family-operated restaurant with deep roots in the local community. The property consists of a 2,310 square foot building situated on approximately 0.34 acres at a signalized corner, providing excellent visibility and access along Washington Boulevard with traffic counts exceeding 43,000 vehicles per day. The offering is priced at $1,850,000, representing an NOI of $106,500 and a 5.76% cap rate, and will be delivered with a new long-term lease, offering investors stable, predictable cash flow. Positioned within a dense Southeast Los Angeles trade area with strong surrounding residential population and limited freestanding restaurant supply, the asset presents a compelling opportunity for investors seeking a well-located net lease investment with long-term upside tied to its prime corner location.

Investment highlights

Price: $1,850,000

NOI: $106,500

Cap Rate: 5.76%

Lease Term: 15 Years

Options: 3 - 5 Year

Building: 2,310 SF freestanding restaurant

Lot Size: 0.34 acres

Listing Contacts

TP
CA CA 01919110
GM Properties, Inc
Listed by GM Properties, Inc

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,500.00
$8,875.00/mo

Valuation Metrics

0
DSCR
5.76%
Cap Rate
5.76%
ROI

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Additional Information

Name
Tyler Portman
License
CA 01919110
Brokerage Phone
5626975000
Brokerage Address
13305 Penn Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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