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Popeyes 1224 S Atlantic Blvd 1,200 SF Retail Building Alhambra, CA 91803 $4,500,000 ($3,750/SF) 4.06% Cap Rate
INVESTMENT HIGHLIGHTS
- Stabilized investment.
- Two of the world's largest fast food operators in free standing buildings.
- Zero Landlord responsibilities.
- Located at major signalized intersection.
EXECUTIVE SUMMARY
Angeles County. These freestanding quick serve restaurants are located on the hard signalized corner of W. Valley Blvd. and S. Atlantic Blvd, in Alhambra, each with their own
address and APN numbers. These two NNN leased investments offer an attractive opportunity for investors seeking stable income, a prime location, and reputable name-brand national tenants. Both Popeyes and Pizza Hut have been operating out of their respected locations here for more than 30 years and have both renewed their leases as they plan to be in place for the foreseeable future. These true NNN leases and their options have fixed rent escalations, and minimal landlord obligations, which will align with the goals of savvy real estate investors looking to build a solid and resilient portfolio in the QSR sector.
Both properties have been recently renovated and are conveniently located in the thriving downtown district of Alhambra with high traffic counts, large daytime and full-time population, as well as easy ingress and egress.
Don't miss the chance to secure these income-generating assets in a thriving market. For detailed financial information, property specifics, and a comprehensive investment analysis, please contact us for further due diligence.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Line
- Restaurant
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Pizza Hut
- Accommodation and Food Services
- 1,242 SF
- -
- Triple Net
- Jan 2030
-
- Accommodation and Food Services
- 1,200 SF
- -
- Triple Net
- Feb 2033
Founded in 1972, the Popeyes brand has decades of history and culinary tradition. Popeyes owes their beginnings to entrepreneur and culinary innovator, Al Copeland. With one small restaurant and a big idea, Copeland introduced the New Orleans–style fried chicken that has now made the brand famous throughout the world. Their culinary heritage is built upon the rich Cajun and creole flavor profiles that are unmistakably Louisiana. They continuously draw upon and celebrate this heritage to inspire new, authentic menu creations the world craves. Popeyes distinguishes themselves with a unique New Orleans style menu featuring spicy chicken, chicken tenders, fried shrimp and other regional items. This unique and flavorful food has allowed Popeyes to become one of the world’s largest chicken quick service restaurants, with restaurants in the U.S. and around the world. Their history combined with great food, service and quality makes Popeyes restaurants genuine Louisiana Legends.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Pizza Hut | Accommodation and Food Services | 1,242 SF | - | Triple Net | Jan 2030 | |
|
|
Accommodation and Food Services | 1,200 SF | - | Triple Net | Feb 2033 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $288,398 | |
| Land Assessment | $869,354 | Total Assessment | $1,157,752 |
PROPERTY TAXES
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Popeyes | 1224 S Atlantic Blvd
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