13571 Telegraph Rd - Fast Food FOR SALE
Whittier, CA 90605 |
13571 Telegraph Rd
Whittier, CA 90605
HIGHLIGHTS
- The offering is a new construction Raising Cane’s on a 15-year corporate executed ground lease, with four, 5-year options to extend
- The lease features 10% rental escalations every 5 years throughout the initial term and option periods
- Raising Cane’s is responsible for the payment of property taxes and insurance, as well as all maintenance and repairs (incl. roof & structure)
- The subject property is equipped with a drive-thru and outdoor patio, and benefits from excellent street visibility
- Raising Cane’s is an outparcel to the TeleMills Plaza shopping center, which features a freestanding WSS retail store, and an unanchored stripcenter
- The subject property is positioned on the signalized intersection of Telegraph Road and Mills Avenue, with multiple points of ingress and egress
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Raising Cane's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
3600
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
8157-024-031
