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Burger King 2051 E Florence Ave 2,400 SF Retail Building Los Angeles, CA 90001 $5,504,000 ($2,293.33/SF) 4.50% Cap Rate
Investment Highlights
- Absolute NNN lease with tenant responsible for all expenses and no landlord duties.
- World-renowned Burger King brand with 19,300+ locations in 100+ countries.
- 4.50% cap rate with $247,680 annual rent and ±8 years remaining on lease.
- Prime signalized intersection with ±81,420 VPD and dense 5-mile population of 1,065,999.
- Located in a high-demand Los Angeles retail corridor with strong national co-tenancy.
- Built in 1989 on a ±0.57 acre lot with ±2,400 SF building.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,400 SF
Building Class
B
Year Built
1989
Price
$5,504,000
Price Per SF
$2,293.33
Cap Rate
4.50%
NOI
$247,680
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.57 AC
Zoning
M3* - Light Industrial
Parking
35 Spaces (14.58 Spaces per 1,000 SF Leased)
Frontage
166’ on E Florence Ave
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Burger King is known for serving high-quality, great-tasting, and affordable food. Founded in 1954, Burger King is the second largest fast food hamburger chain in the world. The original Home of the Whopper, their commitment to premium ingredients, signature recipes, and family-friendly dining experiences is what has defined their brand for many successful years.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6009-039-048 | Improvements Assessment | $640,398 |
| Land Assessment | $715,741 | Total Assessment | $1,356,139 |
Property Taxes
Parcel Number
6009-039-048
Land Assessment
$715,741
Improvements Assessment
$640,398
Total Assessment
$1,356,139
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Burger King | 2051 E Florence Ave
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