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Restaurant

El Pollo Loco

7900 Denton Hwy, Fort Worth, TX 76148

Listing Price: $3,500,000

Cap Rate
4.67%
Tenant Name
El Pollo Loco
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
2,800
Lease Type
Ground Lease
Rent Per Square Feet
$58.34

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale El Pollo Loco a single-tenant property located at 7900 Denton Highway, Fort Worth (Watauga), TX 76148. The subject property is comprised of 2,800 square feet, built-in 2017 on a moderate 0.63 Acre lot with drive-thru. Situated at the intersection of Denton Highway and North Park Drive, El Pollo Loco is passed by over 43,000 vehicles per day. The subject property is surrounded by many national tenants and just across Denton Highway from two major schools totalling 2,412 students. El Pollo Loco operates on an absolute-net ground lease backed by a corporate guaranty with 15+ years remaining and 10% increases every 5 years. ? In 1980 the first American El Pollo Loco opened on Alvarado Street in Los Angeles, quickly becoming a destination for the best citrus-marinated, fire-grilled pollo in town. Over the past four decades, El Pollo Loco has grown into more than 487 restaurants across 6 states becoming an L.A. mainstay and cultural benchmark along the way. Today they continue to work just as hard to always provide customers with fresh and innovative L.A. Mex from famous family dinners to Mexican entrees.

Investment Highlights

  • Absolute-Net Ground Lease: 15+ Years Remaining with 10% Increases Every 5 Years, and Four, 5 Year Options to Extend the Lease Term.
  • Corporate Guaranty: (NASDAQ: LOCO) El Pollo Loco has 487 Stores Nationwide and Over 5,500 Employees.
  • Excellent Visibility & Ease of Access: The Property is Well Situated on a Major Retail Corridor with Frontage and Access on Denton Highway which Oversees 43,000 Vehicles Per Day.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

El Pollo Loco

Listing Price: $3,500,000

Cap Rate
4.67%
Tenant Name
El Pollo Loco
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
2,800
Lease Type
Ground Lease
Rent Per Square Feet
$58.34

Investment Highlights

  • Absolute-Net Ground Lease: 15+ Years Remaining with 10% Increases Every 5 Years, and Four, 5 Year Options to Extend the Lease Term.
  • Corporate Guaranty: (NASDAQ: LOCO) El Pollo Loco has 487 Stores Nationwide and Over 5,500 Employees.
  • Excellent Visibility & Ease of Access: The Property is Well Situated on a Major Retail Corridor with Frontage and Access on Denton Highway which Oversees 43,000 Vehicles Per Day.

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale El Pollo Loco a single-tenant property located at 7900 Denton Highway, Fort Worth (Watauga), TX 76148. The subject property is comprised of 2,800 square feet, built-in 2017 on a moderate 0.63 Acre lot with drive-thru. Situated at the intersection of Denton Highway and North Park Drive, El Pollo Loco is passed by over 43,000 vehicles per day. The subject property is surrounded by many national tenants and just across Denton Highway from two major schools totalling 2,412 students. El Pollo Loco operates on an absolute-net ground lease backed by a corporate guaranty with 15+ years remaining and 10% increases every 5 years. ? In 1980 the first American El Pollo Loco opened on Alvarado Street in Los Angeles, quickly becoming a destination for the best citrus-marinated, fire-grilled pollo in town. Over the past four decades, El Pollo Loco has grown into more than 487 restaurants across 6 states becoming an L.A. mainstay and cultural benchmark along the way. Today they continue to work just as hard to always provide customers with fresh and innovative L.A. Mex from famous family dinners to Mexican entrees.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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