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$3,000,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26154474
HOA Y/N No
Year Built 2019
Lot Size 0.313 Acres
Property Sub-Type Retail
Property Description
Prime single-tenant net leased Popeyes investment on highly trafficked Telegraph Road in Pico Rivera. Built in 2019, this 2,497 SF drive-thru restaurant is 100% leased under a long-term NNN lease with approximately $141,900 annual NOI and a 4.73% cap rate. Long-term lease includes four 5-year renewal options. Excellent opportunity for 1031 exchange buyers. Seller is motivated and welcomes qualified offers. OM available upon request.
Location
State CA
County Los Angeles
Area 649 - Pico Rivera
Zoning PRCG
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected
Building
Lot Description Corner Lot, Near Public Transit, Paved
Story 1
Water Public
Others
Tax ID 6387019033
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Mercedes Barba Century 21 Allstars 909-973-3250, DRE #02246637
NEARBY SCHOOL & BUSINESS
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