www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31826397
31826398

868 S Brea Canyon Rd, Diamond Bar, CA 91789

AF
CA 01806555, TN 382221
Colliers - Los Angeles - Orange County, California
JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California
$3,882,352
43 days on market
Updated 42 days ago

Popeyes | 20 Year NNN Ground Lease | Diamond Bar, CA

Details
APN 8719-013-019
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,718
Cap Rate 4.25%
NOI $165,000
Occupancy 100%
Tenancy Single
Brand/Tenant Popeyes
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 11/30/2044
Remaining Term 18.5
Rent Bumps Yes
Lease Options (2) 5-Year + (1) 4-Year and 11 Months
Price per SqFt $1,428
Class A
Year Built 2025
Lot Size (SqFt) 17,116
Parking Spaces 34 spaces
Parking Per SqFt 12.51
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 12/01/2024
Ground Lease Yes

Popeyes | Absolute NNN Ground Lease | Diamond Bar, CA

Marketing description

The Snyder Carlton National Net Lease Team is pleased to offer for sale a single tenant Popeyes (30 Unit Franchisee Operator) located in Diamond Bar, CA (Los Angeles MSA). Popeyes Louisiana Kitchen is a global leader in the fried chicken segment, operating a massive network of approximately 4,586 locations worldwide as of early 2026 (including over 3,100 in the U.S.). The brand is a major economic driver for its parent company, Restaurant Brands International (RBI), reporting approximately $7.57 billion in annual system-wide sales for the 2025 fiscal year.

The subject building was just recently completed in 2025 and rent has commenced. The 2,718 SF building is located along S. Brea Canyon Rd. and is situated on a 17,116 SF Parcel. S. Brea Canyon Rd. is a major commercial thoroughfare running through the city of Diamond Bar. It is a major connection point for surrounding residents and Industrial businesses to the 60 and 57 Freeways. The state of the art, most recent building prototype is equipped with a dual lane drive-thru, extended stacking lane, large pylon sign visible from the 60 Freeway, outdoor dining patio and indoor sit-down seating area.

The initial 20-Year Ground Lease includes (2) 5-Year Options plus (1) 4 Year and 11 month option with scheduled rental increases of 10.00% every 5 years. The lease is absolute NNN with zero landlord obligations. The maintenance and management of the parking lot and common areas outside of the subject parcel are maintained by the HOA manager “Declarant” of Brea Canyon Business Park.

Investment highlights

  • Single Tenant Net Leased Retail Asset – Popeyes – Diamond Bar, CA (Los Angeles MSA)
  • Franchisee Guarantee (8 Units) – Highland Food Express, Inc.
    • (30 Unit Operator w/ 25 Years of Experience as a Franchisee)
  • Brand New 2025 Construction - State of the art Building Prototype - Dual Lane Drive-Thru
  • Large Pylon Sign Visible from 60 Freeway
  • Outparcel to Brea Canyon Business Park – Occupied by Multi-Tenant Office Building and Hampton Inn by Hilton (124 Room Hotel)
  • Situated on S. Brea Canyon Rd. (Main Commercial Thoroughfare) 26,800 VPD
  • 10% Increases Throughout the Primary Term and Option Period
  • Population Exceeding 94,700 within a 3-Mile Radius
  • Average Household Income Over $148,300 within a 3-Mile Radius

Listing Contacts

AF
CA 01806555, TN 382221
Colliers - Los Angeles - Orange County, California
JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,000.00
$13,750.00/mo

Valuation Metrics

0
DSCR
4.25%
Cap Rate
4.25%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Adam Friedlander
License
01806555
Brokerage
Colliers
Brokerage Phone
9494740707
Title
Senior Vice President
Brokerage Address
3 Park Plaza
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591