13571 Telegraph Rd | Whittier, CA 90605
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13571 Telegraph Rd
Whittier, CA 90605
Raising Cane's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The offering is a new construction Raising Cane’s on a 15-year corporate executed ground lease, with four, 5-year options to extend
- Raising Cane’s is responsible for the payment of property taxes and insurance, as well as all maintenance and repairs (incl. roof & structure)
- Raising Cane’s is an outparcel to the TeleMills Plaza shopping center, which features a freestanding WSS retail store, and an unanchored stripcenter
- The lease features 10% rental escalations every 5 years throughout the initial term and option periods
- The subject property is equipped with a drive-thru and outdoor patio, and benefits from excellent street visibility
- The subject property is positioned on the signalized intersection of Telegraph Road and Mills Avenue, with multiple points of ingress and egress
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,600 SF
Building Class
B
Year Built
2023
Building Height
1 Story
Building FAR
0.13
Lot Size
0.65 AC
Zoning
M1 - Limited Industrial
Parking
30 Spaces (9.46 Spaces per 1,000 SF Leased)
Frontage
186’ on Telegraph Road
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 8157-024-031 | Improvements Assessment | $816,000 |
| Land Assessment | $3,315,000 | Total Assessment | $4,131,000 |
PROPERTY TAXES
Parcel Number
8157-024-031
Land Assessment
$3,315,000
Improvements Assessment
$816,000
Total Assessment
$4,131,000
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