1117 W Imperial Ave - Freestanding FOR SALE


Calexico, CA 92231
$3,151,800 USD
310-529-2592
1117 W Imperial Ave, Calexico, CA for Sale
$3,151,800 USD
Freestanding - FOR SALE
1/3
null | 5.5% Cap Rate

1117 W Imperial Ave
Calexico, CA 92231


HIGHLIGHTS

  • Prime Imperial Avenue Location | High-Traffic SR-111 Corridor
  • Long-Term NNN Lease | Passive Income With Built-In Growth
  • Experienced Multi-Unit Franchisee | Strong Operational Backing
  • Global QSR Brand Strength | High-Demand Chicken Segment
  • High-Growth Regional Market With Significant Economic Drivers

OVERVIEW

Marcus & Millichap is pleased to present a freestanding Popeyes Louisiana Kitchen drive-thru located along Imperial Avenue (State Route 111), one of Calexico’s most heavily trafficked commercial corridors and a primary north–south artery connecting the U.S.–Mexico border to the broader Imperial Valley. The property benefits from exceptional visibility, strong commuter flow, and proximity to major cross-border economic drivers, including the Calexico East Port of Entry, one of California’s busiest commercial border crossings. This strategic positioning supports consistent daily traffic from local residents, regional employees, and international visitors. The asset is secured by a long-term NNN lease with approximately 15 years of firm term remaining, offering predictable, passive income with minimal landlord responsibilities. Scheduled 10% rent increases every five years provide built-in income growth and long-term inflation protection. The lease is guaranteed by an experienced multi-unit Popeyes franchisee, adding operational strength and credit stability. Calexico serves as a key commercial hub for the Imperial Valley and the Mexicali metropolitan region, supported by cross-border commerce, logistics, education, healthcare, and government employment. The surrounding trade area includes major national retailers, grocery anchors, and service businesses, reinforcing the corridor as a dominant retail destination. Ongoing regional investment—including border modernization, retail redevelopment, new school construction, and community recreation projects—continues to strengthen long-term demand and population growth. This offering presents a rare opportunity to acquire a high-performing, drive-thru QSR asset backed by a strong franchise operator, positioned in a high-traffic, cross-border trade area with durable fundamentals and long-term income security.

FOR SALE DETAILS

PRICE

$3,151,800 USD

PRICE/SF

$1,342 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes Drive-Thru | Long -Term NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

C

APN/PARCEL ID

058-120-031-000

ASK ABOUT THIS PROPERTY

Nick SolomonMarcus & MillichapMore Info
310-529-2592

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Nick SolomonMarcus & MillichapMore Info
310-529-2592

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.