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Popeyes 1224 S Atlantic Blvd 1,200 SF Retail Building Alhambra, CA 91803 $4,000,000 ($3,333.33/SF) 4.65% 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
Ashwill Associates is pleased to present, for sale, for the first time in nearly 40 years, two separate NNN leased fast food investments, located in Southern California within in Los
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.
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
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,200 SF
Year Built/Renovated
1975/2022
Price
$4,000,000
Price Per SF
$3,333.33
Cap Rate
4.65%
NOI
$186,185
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.19 AC
Zoning
ALCPD*
Parking
9 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Restaurant
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Pizza Hut
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Popeyes Louisiana Kitchen began in 1972 when Al Copeland opened the first location in Arabi, Louisiana. The company grew from a single restaurant into an international franchise with thousands of locations worldwide. The menu features spicy fried chicken, biscuits, seafood, and signature Cajun sides. Popeyes became part of Restaurant Brands International in 2017 while maintaining its distinct brand identity. The chain continues expanding globally through franchising agreements.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Pizza Hut | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $288,398 | |
| Land Assessment | $869,354 | Total Assessment | $1,157,752 |
Property Taxes
Parcel Numbers
Land Assessment
$869,354
Improvements Assessment
$288,398
Total Assessment
$1,157,752
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Popeyes | 1224 S Atlantic Blvd
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