Restaurant

El Pollo Loco - Ground Lease

Listing Price: $2,835,804

Cap Rate
4.10%
Tenant Name
El Pollo Loco
Years Remaining On Lease
9.20
Gross SF
2,600
Guarantor
Franchisee Guarantee
Rentable SF
2,600
Price/Gross SF
$1,090.69
Lease Type
NNN Ground Lease
Rent Per Square Feet
$44.72

Investment Overview

As of August 2020, the site is under new and improved management. New 3 unit operator (franchisee) with over 20 years experience in EPL operation. Franchisee is committed to the success of the location, offering a personal and franchise guarantee. Operator is also spending over $300,000 of their own money to renovate the property. Franchisee has also placed a 3 month security deposit to the benefit of the Landlord to off set any perceived risk. Located Less than Half a Mile from Adventist Academy High School and Less than Two Miles Away from Newbury Park High School, Allowing for Heavy Foot and Lunch Traffic from the Students. Pandemic resistant, recession resistant and e-commerce resistant, makes this investment opportunity a sleep-at-night opportunity

Investment Highlights

  • NEW 10 YEAR GROUND LEASE EXTENSION
  • Absolute Net-Lease – Zero Landlord Responsibilities
  • In the retail hub of the region with a drive-thru and patio seating
  • Located Less than Half a Mile from Adventist Academy High School

Exclusively Listed By

Listing Price: $2,835,804

Cap Rate
4.10%
Tenant Name
El Pollo Loco
Years Remaining On Lease
9.20
Gross SF
2,600
Guarantor
Franchisee Guarantee
Rentable SF
2,600
Price/Gross SF
$1,090.69
Lease Type
NNN Ground Lease
Rent Per Square Feet
$44.72

Investment Highlights

  • NEW 10 YEAR GROUND LEASE EXTENSION
  • Absolute Net-Lease – Zero Landlord Responsibilities
  • In the retail hub of the region with a drive-thru and patio seating
  • Located Less than Half a Mile from Adventist Academy High School

Investment Overview

As of August 2020, the site is under new and improved management. New 3 unit operator (franchisee) with over 20 years experience in EPL operation. Franchisee is committed to the success of the location, offering a personal and franchise guarantee. Operator is also spending over $300,000 of their own money to renovate the property. Franchisee has also placed a 3 month security deposit to the benefit of the Landlord to off set any perceived risk. Located Less than Half a Mile from Adventist Academy High School and Less than Two Miles Away from Newbury Park High School, Allowing for Heavy Foot and Lunch Traffic from the Students. Pandemic resistant, recession resistant and e-commerce resistant, makes this investment opportunity a sleep-at-night opportunity

Exclusively Listed By

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