3340 Santa Anita Ave - Fast Food FOR SALE


El Monte, CA 91731- El Monte City
$9,995,000 USD
626-648-4839
3340 Santa Anita Ave, El Monte, CA for Sale
$9,995,000 USD
Fast Food - FOR SALE
1/13
null | 4.25% Cap Rate

3340 Santa Anita Ave
El Monte, CA 91731
El Monte City


HIGHLIGHTS

  • One-of-a-kind single tenant absolute NNN fee simple opportunity to own a successful and standalone 4,000-SF QSR and fast-food restaurant building.
  • Highly visible with 193 feet of frontage on Santa Anita Avenue and direct I-10 visibility and access, making this an easy stop when traveling in SGV.
  • Built specifically for Chick-fil-A, whose lease commenced on 1/29/2024 for a 15-year lease term, with four, five-year options to renew.
  • Be surrounded by a high-spending demographic of El Monte within a 5-mile radius of the property, representing $5.6 billion in total consumer spending.

OVERVIEW

Discover this single-tenant, absolute NNN (triple net), fee simple opportunity located at 3340 Santa Anita Avenue in El Monte, California. The property features a newly constructed 4,200-square-foot building situated on approximately 1.89 acres (49,920 square feet) of land. Built in 2024, the single-story building offers modern design and functionality, ideal for long-term investment stability. The site includes 35 surface parking spaces, providing an excellent parking ratio of 8.33 spaces per 1,000 square feet. Fully occupied and developed specifically for Chick-fil-A, the lease commenced on January 29, 2024, for a 15-year term with four five-year renewal options. This corporate lease guarantee is secured by Atlanta-based Chick-fil-A Inc., a family-owned, privately held restaurant company dedicated to serving the communities where its restaurants operate. Credited with inventing the chicken sandwich, Chick-fil-A serves nutritious, freshly prepared food in more than 1,800 restaurants in 40 states and Washington, DC. Positioned in a suburban setting, the property benefits from exceptional visibility and accessibility with frontage along both the Interstate 10 and Santa Anita Avenue, which collectively see approximately 308,042 vehicles per day. El Monte sits approximately 12 miles east of Downtown Los Angeles and is located at the interchange of Interstates 10 and 605. It covers about 10 square miles and includes residential, retail, industrial, and office land uses. The city markets itself as business-friendly, with retail/tourism elements (notably auto dealerships), as well as industrial, manufacturing, logistics, and distribution presence, due to freeway access and proximity to major Southern California freight routes.

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$2,380 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

-

APN/PARCEL ID

8579-005-024,8579-005-027,8579-005-028

ASK ABOUT THIS PROPERTY

Jim RidensLee & Associates Commercial Real Estate ServicesMore Info
626-648-4839

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Jim RidensLee & Associates Commercial Real Estate ServicesMore Info
626-648-4839

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