Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Popeyes Louisiana Kitchen located at 12622 Long Beach Boulevard in Lynwood, California. The property is leased to California Food Management, LLC—a 163+ unit franchisee—under a triple-net (NNN) lease with approximately 12 years remaining. The lease includes 10% rental increases every five years and four (4) five-year renewal options, offering long-term stability with no landlord responsibilities. Originally constructed in 2017 and renovated in 2020, the ±2,420-square-foot building sits on a ±0.48-acre hard-corner parcel with strong visibility at the signalized intersection of Long Beach Boulevard and Orchard Avenue. Located just one block from a Walmart Supercenter that draws nearly 3 million visitors annually, the site benefits from significant foot traffic and over 33,000 vehicles per day on Long Beach Blvd alone. The subject property is situated within the dense Los Angeles MSA, surrounded by over 850,000 residents within a five-mile radius and exceptional daytime population metrics. This corridor continues to attract national QSR and retail tenants given its high barrier to entry, built-in traffic drivers, and strong demographic profile. With a proven operator, reliable income, and long-term upside, this offering presents a rare opportunity to acquire a passive, well-located asset in one of the most desirable markets in the country.Marcus & Millichap is pleased to present the opportunity to acquire a Popeyes Louisiana Kitchen located at 12622 Long Beach Boulevard in Lynwood, California. The property is leased to California Food Management, LLC—a 163+ unit franchisee—under a triple-net (NNN) lease with approximately 12 years remaining. The lease includes 10% rental increases every five years and four (4) five-year renewal options, offering long-term stability with no landlord responsibilities. Originally constructed in 2017 and renovated in 2020, the ±2,420-square-foot building sits on a ±0.48-acre hard-corner parcel with strong visibility at the signalized intersection of Long Beach Boulevard and Orchard Avenue. Located just one block from a Walmart Supercenter that draws nearly 3 million visitors annually, the site benefits from significant foot traffic and over 33,000 vehicles per day on Long Beach Blvd alone. The subject property is situated within the dense Los Angeles MSA, surrounded by over 850,000 residents within a five-mile radius and exceptional daytime population metrics. This corridor continues to attract national QSR and retail tenants given its high barrier to entry, built-in traffic drivers, and strong demographic profile. With a proven operator, reliable income, and long-term upside, this offering presents a rare opportunity to acquire a passive, well-located asset in one of the most desirable markets in the country.