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El Pollo Loco 0 2nd St 2,500 SF Retail Building Nampa, ID 83651 $2,268,000 ($907.20/SF) 4.85% Cap Rate
Investment Highlights
- New 20-year ground lease features 10% rental increases every five years throughout the base term and option periods
- The franchisee has executed a supplemental lease guaranty providing for additional credit support (Contact listing broker for further details)
- Nampa’s population increased approximately 20% between 2020 and 2025 to more than 120,000 residents
- Hard-corner location at a signalized intersection with multiple points of ingress/egress and low replacement rent
- El Pollo Loco operates more than 500 restaurants with the company targeting approximately 18–20 new restaurant openings during fiscal 2026
- The property is positioned within a heavily trafficked Nampa retail corridor near Tractor Supply, Fred Meyer, McDonald’s and other national retailers
Executive Summary
This new construction El Pollo Loco ground lease located in Nampa, Idaho, is situated in one of the fastest-growing communities in the Boise MSA. The restaurant is expected to open early October 2026 and benefits from a strong surrounding retail corridor, positioned near Idaho’s second highest-trafficked Fred Meyer and adjacent to a McDonald’s ranking in the top 8% nationally for foot traffic, according to Placer.ai.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
C
Year Built
2027
Construction Status
Proposed
Price
$2,268,000
Price Per SF
$907.20
Cap Rate
4.85%
NOI
$110,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.52 AC
Zoning
DB - Downtown Business
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1449800000 | Improvements Assessment | $0 |
| Land Assessment | $543,620 | Total Assessment | $543,620 |
Property Taxes
Parcel Number
1449800000
Land Assessment
$543,620
Improvements Assessment
$0
Total Assessment
$543,620
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