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Chick-Fil-A 3340 Santa Anita Ave 4,200 SF Retail Building El Monte, CA 91731 $12,900,000 ($3,071.43/SF) 3.29% Cap Rate
INVESTMENT HIGHLIGHTS
- Single-tenant absolute NNN simple fee opportunity
- (4) 5-YEAR OPTIONS TO RENEW
- 15-year lease term
- LEASE COMMENCEMENT 1/29/2024
EXECUTIVE SUMMARY
This single-tenant absolute NNN simple fee opportunity is located at 3340 Santa Anita Avenue in El Monte, California. The property features a newly constructed ±4,200 square foot building situated on approximately ±1.89 acres (±49,920 square feet) of land. Built in 2024, the single-story building offers modern design and functionality, ideal for long-term investment stability. The site includes 35 surface parking spaces, providing an excellent parking ratio of 8.33 spaces per 1,000 square feet. Positioned in a suburban setting, the property benefits from exceptional visibility and accessibility with frontage along both the I-10 Freeway and Santa Anita Avenue, which collectively see approximately ±308,042 vehicles per day.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,200 SF
Building Class
B
Year Built
2024
Price
$12,900,000
Price Per SF
$3,071.43
Cap Rate
3.29%
NOI
$424,410
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.89 AC
Parking
35 Spaces (8.33 Spaces per 1,000 SF Leased)
Frontage
193’ on Santa Anita Avenue
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
Walk Score®
Very Walkable (83)
Transit Score®
Excellent Transit (72)
Bike Score®
Very Bikeable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $42,954 | |
| Land Assessment | $2,283,505 | Total Assessment | $2,326,459 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,283,505
Improvements Assessment
$42,954
Total Assessment
$2,326,459
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Chick-Fil-A | 3340 Santa Anita Ave
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