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Chick-fil-A | Azusa, CA 900 E Alosta Ave 4,825 SF Retail Building Azusa, CA 91702 $6,555,000 ($1,358.55/SF) 4.35% Cap Rate
Investment Highlights
- Single-Tenant Chick-fil-A with New Double Drive-Thru
- Chick-fil-A recently extended their lease for 11 years, showing their long-term commitment to the location
- Hard Corner, Signalized Intersection (46,500+ CPD): Pad to University Crossing (1.3 Million Annual Visits, Placer.ai)
- 10 years remaining; absolute NNN corporate ground lease; zero landlord responsibilities
- The former single-lane drive-thru was recently renovated and expanded to Chick-fil-A’s new double drive-thru prototype
- Directly Across the Street from Two Universities: Azusa Pacific University (7,000+ Students) and Citrus College (16,000+ students)
Executive Summary
Absolute NNN Corporate Ground Lease | Recent 11-Year Lease Extension; 14 Year Operating History | Recent Expansion to New Double Drive-Thru Prototype | Directly Across from Azusa Pacific University & Citrus College (23K+ Students)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,825 SF
Building Class
B
Year Built/Renovated
2012/2025
Price
$6,555,000
Price Per SF
$1,358.55
Cap Rate
4.35%
NOI
$285,143
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.05 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- $59.04
- Jun 2026
Chick-fil-A began in 1946, when S. Truett Cathy and his brother Ben opened the Dwarf Grill in Georgia, laying the foundation for the company's restaurant business. The first Chick-fil-A restaurant opened in 1967, and the company grew around a menu centered on chicken sandwiches, breakfast items, salads, sides, and beverages. Chick-fil-A operates as a quick-service restaurant brand with a strong catering business and a mix of dine-in, drive-thru, and digital ordering services. The company also supports food quality and sourcing programs while maintaining a wide presence across the United States and select international markets.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | $59.04 | Jun 2026 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8628-004-166 | Improvements Assessment | $5,933,028 |
| Land Assessment | $14,381,445 | Total Assessment | $20,314,473 |
Property Taxes
Parcel Number
8628-004-166
Land Assessment
$14,381,445
Improvements Assessment
$5,933,028
Total Assessment
$20,314,473
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