

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