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.