18402 Yorba Linda Blvd - Fast Food FOR SALE


Yorba Linda, CA 92886 | 
$5,294,000 USD
949-724-5552
18402 Yorba Linda Blvd, Yorba Linda, CA for Sale
$5,294,000 USD
Fast Food - FOR SALE
1/6
null | 4.25% Cap Rate

18402 Yorba Linda Blvd
Yorba Linda, CA 92886


HIGHLIGHTS

  • Irreplaceable Trophy North Orange County NNN QSR Investment
  • 17+ Lease Years Remaining in Primary Term
  • Recent 15 Year Lease Extension – Showing Commitment to Location
  • Publicly Traded (NASDAQ: LOCO) – Strong Corporate Guaranteed Lease
  • Planned Store Renovation - Inflation Resistant Cash Flows
  • 10% Rent Increases Every 5 Years in Primary Term & Options

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer investors the rare opportunity to acquire a corporate guaranteed, absolute NNN lease with El Pollo Loco in Yorba Linda, CA. El Pollo Loco is a publicly traded (NASDAQ: LOCO) quick serve restaurant chain with over 500 locations across 10 states and has a market capitalization of $473 million. El Pollo Loco has successfully operated at this location for over 38 years and has recently extended their lease for an additional 15 years for a total of 17+ lease years remaining. The Tenant is planning a full renovation of the property demonstrating their commitment to this location. The lease has 10% rental increases every 5 years including options offering an investor inflation resistant cashflow. This rare North Orange County QSR Investment is strategically located at the hard corner signalized intersection of Imperial Highway and Yorba Linda Boulevard. With traffic counts over 77,700 VPD it is one of the busiest intersections in all of Orange County. The surrounding upscale high income trade area has over $195,000 in average household income with over 266,000 people living within a 5-mile radius. The property sits immediately across from the recently developed grocery anchored Yorba Linda Town Center, anchored by Bristol Farms and Regal IMAX Theater.

FOR SALE DETAILS

PRICE

$5,294,000 USD

PRICE/SF

$2,066 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Pollo Loco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Imperial Hwy

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

-

APN/PARCEL ID

348-161-01

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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Jereme SnyderColliersMore Info
949-724-5552

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