12622 Long Beach Blvd - Fast Food FOR SALE


Lynwood, CA 90262
$3,300,000 USD
408-510-9057
12622 Long Beach Blvd, Lynwood, CA for Sale
$3,300,000 USD
Fast Food - FOR SALE
1/4
null | 5% Cap Rate

12622 Long Beach Blvd
Lynwood, CA 90262


HIGHLIGHTS

  • Prime Corner Location with Exceptional Visibility | Strategically Positioned at the Intersection of Long Beach Blvd and Orchard Ave (33,500 VPD)
  • High-Traffic Retail Corridor | One Block from High Performing Walmart Supercenter (2.9 Million Annual Visitors)
  • Fee-Simple Ownership | Zero Landlord Responsibilities
  • 12.5yrs Remaining on Absolute-NNN Lease (163-Unit Operator)
  • Attractive Rental Increases of 10%/5-Years (Next Increase in 2027)

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.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$1,364 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes | 12.5Y NNN Lease | 163-Unit Operator

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

LYC2A*

APN/PARCEL ID

6177-003-040

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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