1401 Foothill Blvd - Fast Food FOR SALE
La Verne, CA 91750 |
1401 Foothill Blvd
La Verne, CA 91750
HIGHLIGHTS
- Stable, Long Term Investment | Brand New 25-Year Ground Lease with Five, 5-Year Option.
- Brand New Construction | Built in 2020.
- High Visibility | Signalized Intersection of CVS Anchored Center with Traffic Count Over 40,000 VPD.
- Prime Los Angeles County Dense Location | Located along Route 66 with over 272,000 population and income of $102,000 within a 5-mile radius.
- Absolute NNN with Ease of Management | Tenant pays all expenses including Property Tax, Insurance, Repair & Maintenance and CAM directly to vender.
- Barriers To Entry | There is no land for new development and the threat of drive-thru QSR redevelopment.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Brand New 25-Year Taco Bell Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
2643
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
38
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
8666-014-037
