311 S Rosemead Blvd
Pasadena, CA 91107
Popeyes Ground Lease · Retail Property For Sale

• Single-Tenant Popeyes Ground Lease: o Absolute NNN ground lease; zero landlord responsibilities o New 20-year lease term with 10% increases every 5 years o Popeyes is the 2nd largest quick-service chicken concept; 3,100 locations in the U.S. and 25 countries worldwide o Popeyes is a part of Restaurant Brands International (NYSE: QSR, TSX: QSP), one of the largest quick service restaurant companies with 26,000 restaurants in 100+ countries o Tenant is an experienced franchisee and the largest operator of Popeyes restaurants on the West Coast; 38 locations in California and Nevada • High Traffic Pasadena Location: Rosemead Boulevard is the major north/south thoroughfare in East Pasadena • Close Freeway Access: 1/2 mile from I-210 • Hub of Employment & Education: Pasadena is home to top employers including Kaiser Permanente, Parsons, and NASA Jet Propulsion Laboratory (JPL); nearby colleges include Caltech, Pasadena City College, and ArtCenter College of Design • Transit Oriented Investment: Approximately 1 mile from the Metro Gold Line Sierra Madre Villa station averaging over 50,000 daily riders on weekdays