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NNN PROPERTY-POPEYES 9211 Telegraph Rd 2,497 SF Retail Building Pico Rivera, CA 90660 $3,000,000 ($1,201.44/SF) 4.73% Cap Rate
Investment Highlights
- 100% Leased Single-Tenant Retail Property
- Drive-thru
- Prime High-Traffic Telegraph Road Location In Pico Rivera
- Triple net lease (NNN) with No landlord responsibilities.
- 20-Year Triple Net (NNN) Lease With Four (4) Five-Year Renewal Options
- Surrounded by National Tenants
Executive Summary
This Offering Presents An Exceptional Opportunity To Acquire A Newer Single-Tenant Retail Property Located Along Telegraph Road In Pico Rivera. Constructed In 2019, The Property Features A Drive-Thru, Enhancing Customer Convenience And Operational Efficiency. The Asset Is Secured By A Triple Net (NNN) Lease With A Nationally Recognized Tenant, Providing Investors With Stable, Predictable Cash Flow And No Landlord Maintenance Responsibilities.
The Lease Includes A 20-Year Initial Term With Four (4) Five-Year Renewal Options And Scheduled Rental Increases, Offering Long-Term Income Stability And Built-In Revenue Growth. Positioned Along One Of The Area's Primary Commercial Corridors, The Property Benefits From Excellent Visibility, Strong Traffic Counts, And A Dense Surrounding Population, Supporting The Tenant's Long-Term Performance.
The Lease Includes A 20-Year Initial Term With Four (4) Five-Year Renewal Options And Scheduled Rental Increases, Offering Long-Term Income Stability And Built-In Revenue Growth. Positioned Along One Of The Area's Primary Commercial Corridors, The Property Benefits From Excellent Visibility, Strong Traffic Counts, And A Dense Surrounding Population, Supporting The Tenant's Long-Term Performance.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,497 SF
Building Class
B
Year Built
2019
Price
$3,000,000
Price Per SF
$1,201.44
Cap Rate
4.73%
NOI
$141,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.31 AC
Zoning
PRCG* - General Commercial
Frontage
126’ on Telegraph Rd
Amenities
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Founded in New Orleans in 1972 by Al Copeland, the company began as a small fried chicken restaurant and later became known for a Louisiana-inspired approach to quick-service dining. The business serves fried chicken, chicken sandwiches, tenders, seafood, biscuits, desserts, and regional sides, with franchising forming a major part of the operating model. A broad restaurant network now supports service across the United States and international markets, and digital ordering, delivery, and franchise development remain part of the company's business mix.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6387-019-033 | Improvements Assessment | $836,637 |
| Land Assessment | $2,509,917 | Total Assessment | $3,346,554 |
Property Taxes
Parcel Number
6387-019-033
Land Assessment
$2,509,917
Improvements Assessment
$836,637
Total Assessment
$3,346,554
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NNN PROPERTY-POPEYES | 9211 Telegraph Rd