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Restaurant

Popeyes w/ D-Thru | Imperial Valley - International Border | 20 Yr Abs Net Lease | 2022 Construction

1117 Imperial W Ave, Calexico (Imperial Valley), CA 92231

Listing Price: $3,317,684

Cap Rate
4.75%
Tenant Name
Popeyes
Years Remaining On Lease
20.1
Gross SF
2,348
Guarantor
Franchisee Guarantee
Rentable SF
2,348
Price/Gross SF
$1,412.98
Lease Type
Absolute Net
Rent Per Square Feet
$67.12

Investment Overview

Calexico is a city in southern Imperial County, California. Situated on the Mexican border, it is linked economically with the much larger city of Mexicali, the capital of the Mexican state of Baja California. It is about 122 miles east of San Diego and 62 miles west of Yuma, Arizona. Calexico, along with six other incorporated Imperial County cities, forms part of the larger populated area known as the Imperial Valley. Imperial County is located in the far southeast of California, in the Imperial Valley. It borders San Diego County to the west, Riverside County to the north, the U.S. state of Arizona to the east and the Mexican state of Baja California to the south. It includes the El Centro Metropolitan Statistical Area and is part of the Southern California border region, the smallest but most economically diverse region in the state. The economy is heavily based on agriculture due to irrigation, supplied wholly from the Colorado River via the All-American Canal.

Investment Highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2022 High Quality Construction w/ Drive-Thru.
  • Positioned Along Area's Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 34k Vehicles.
  • Minutes from the US/Mexican Border (Calexico West Port of Entry) - Major International Gateway and one of two Ports of Entry in the Imperial Valley Area, drawing both Locals and Tourists alike.
  • A Short Drive from Calexico International Airport - a City-Owned Public-Use Airport with more than 12k+ Aircraft Operations Annually.
  • Outparcel to Food 4 Less and Near Numerous other National Retailers including Walmart Supercenter, Rite Aid, ALDI, Planet Fitness and many more.
  • Minutes from Gran Plaza Outlets - a 280k Sq.Ft. Regional Outlet Center featuring a Variety of more than 40 Stores.
  • Walking Distance from Las Palmas Swap Meet - Calexico's Largest Flea Market with more than 400 Vendors Onsite, open six Days a Week.
  • Near Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers. Site is located within the Opportunity Zone - An Investment Program that Offers Tax Incentives through a Qualified Opportunity Fund.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Financing By

Restaurant

Popeyes w/ D-Thru | Imperial Valley - International Border | 20 Yr Abs Net Lease | 2022 Construction

Listing Price: $3,317,684

Cap Rate
4.75%
Tenant Name
Popeyes
Years Remaining On Lease
20.1
Gross SF
2,348
Guarantor
Franchisee Guarantee
Rentable SF
2,348
Price/Gross SF
$1,412.98
Lease Type
Absolute Net
Rent Per Square Feet
$67.12

Investment Highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2022 High Quality Construction w/ Drive-Thru.
  • Positioned Along Area's Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 34k Vehicles.
  • Minutes from the US/Mexican Border (Calexico West Port of Entry) - Major International Gateway and one of two Ports of Entry in the Imperial Valley Area, drawing both Locals and Tourists alike.
  • A Short Drive from Calexico International Airport - a City-Owned Public-Use Airport with more than 12k+ Aircraft Operations Annually.
  • Outparcel to Food 4 Less and Near Numerous other National Retailers including Walmart Supercenter, Rite Aid, ALDI, Planet Fitness and many more.
  • Minutes from Gran Plaza Outlets - a 280k Sq.Ft. Regional Outlet Center featuring a Variety of more than 40 Stores.
  • Walking Distance from Las Palmas Swap Meet - Calexico's Largest Flea Market with more than 400 Vendors Onsite, open six Days a Week.
  • Near Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers. Site is located within the Opportunity Zone - An Investment Program that Offers Tax Incentives through a Qualified Opportunity Fund.

Investment Overview

Calexico is a city in southern Imperial County, California. Situated on the Mexican border, it is linked economically with the much larger city of Mexicali, the capital of the Mexican state of Baja California. It is about 122 miles east of San Diego and 62 miles west of Yuma, Arizona. Calexico, along with six other incorporated Imperial County cities, forms part of the larger populated area known as the Imperial Valley. Imperial County is located in the far southeast of California, in the Imperial Valley. It borders San Diego County to the west, Riverside County to the north, the U.S. state of Arizona to the east and the Mexican state of Baja California to the south. It includes the El Centro Metropolitan Statistical Area and is part of the Southern California border region, the smallest but most economically diverse region in the state. The economy is heavily based on agriculture due to irrigation, supplied wholly from the Colorado River via the All-American Canal.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Financing By

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