17200 Railroad St - Restaurant FOR SALE


City of Industry, CA 91748
$2,835,180 USD
213-760-4007
17200 Railroad St, City of Industry, CA for Sale
$2,835,180 USD
Restaurant - FOR SALE
1/13
null | 5% Cap Rate

17200 Railroad St
City of Industry, CA 91748


HIGHLIGHTS

  • Absolute NNN — Zero Landlord Obligations. Below-Market Rent & 3% Annual Growth
  • Irreplaceable Signalized Hard Corner with 71,304 Cars Per Day Traffic
  • At the Center Spot Where Five Communities Converge: City of Industry, Rowland Heights, Hacienda Heights, La Puente, and South San Jose Hills.
  • Captive Lunch Trade of 67,000+ Workers. Dinner and Weekend Trade from 153,687 Populations with $119,099 Household Income within 3 Miles Radius.
  • Proven Tenant — 4.3? Star, Combined 2,300+ Reviews. Tacos Don Goyo runs three locations - City of Industry, Downey & Brea.
  • Nearby Costco, Walmart Supercenter, Puente Hills Mall, Auto Malls, Glen Wilson High School, and Industry Hills Golf Club.

OVERVIEW

A 3,861 SF free-standing restaurant on a 19,798 SF signalized hard-corner lot at S. Azusa Avenue and Railroad Street, fully renovated in 2023 for Tacos Don Goyo's brand-new 10-year absolute NNN lease. The lease delivers truly management-free income. In-place rent of roughly $3.00/SF per month is below market for a corner of this caliber, and fixed 3% annual increases compound NOI every year — downside protection today, upside at rollover. The site sits at the center point where five communities converge: City of Industry, Rowland Heights, Hacienda Heights, La Puente, and South San Jose Hills. That convergence puts 153,687 residents with a $119,099 average household income within just three miles, and 71,304 cars per day pass the location just few block from the 60 Freeway, alongside Costco, Walmart Supercenter, Glen A. Wilson High School, Auto malls and Puente Hills Mall. Railroad Street is the main gateway to the City of Industry — 3,000+ businesses and 67,000+ daytime workers driving a captive weekday lunch trade with no nearby restaurants. The tenant, a three-location Southern California operator averaging 4.3? across 2,300+ Google reviews, is built to serve it, with 37 on-site parking stalls.

FOR SALE DETAILS

PRICE

$2,835,180 USD

PRICE/SF

$630 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

M

APN/PARCEL ID

8264-004-089

ASK ABOUT THIS PROPERTY

Calvin LeeCalvin Lee Real Estate AdvisorMore Info
213-760-4007

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Calvin LeeCalvin Lee Real Estate AdvisorMore Info
213-760-4007

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