500 W Manchester Ave - Fast Food FOR SALE


Los Angeles, CA 90044- South Central LA
$3,995,000 USD
310-710-5626
500 W Manchester Ave, Los Angeles, CA for Sale
$3,995,000 USD
Fast Food - FOR SALE
1/6
null | 5.02% Cap Rate

500 W Manchester Ave
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • 100% Occupied: 1,900 SF Existing Tam's Drive-Thru Building on a NNN Lease & 8,500 SF of Land leased!!!
  • Approx. 22,354 SF Signalized Corner Lot
  • RTI to Build 3,600 SF Additional Retail Building at the South end of the property.
  • Just one 1 block west of the 110 Freeway.
  • Outstanding Car Traffic Counts; over 80,000 CPD at this major signalized Intersection.
  • Signalized hard corner location with excellent frontage; approx. 110 feet along Manchester Ave. and 205 Feet along Figueroa St.

OVERVIEW

500 W. Manchester Avenue is a fully leased commercial corner property featuring both stable income and strong future development potential. The asset is anchored by a 1,900 square foot Tam’s Burgers drive-thru operating on a triple-net lease, a recognized Southern California franchise with multiple successful locations, ensuring reliable cash flow. In addition to the drive-thru, the property includes 8,500 square feet of land leased separately, providing immediate income while offering significant upside. The land portion is RTI-approved to build a 3,600 square foot retail center, allowing an investor to expand the asset and increase long-term returns. The property occupies a signalized corner with excellent exposure—approximately 110 feet along Manchester Avenue and 205 feet along Figueroa Street—and benefits from over 80,000 cars per day at this high-traffic intersection. Its location, just one block west of the 110 Freeway and minutes from SoFi Stadium, USC, and Downtown Los Angeles, offers both convenience and visibility for tenants and customers. Surrounded by dense residential neighborhoods, the property draws from a local customer base of over 50,000 residents within a one-mile radius and more than 400,000 within three miles. The combination of a nationally recognized drive-thru tenant, income-producing land lease, and development potential makes 500 W. Manchester Avenue a rare, turn-key investment opportunity with immediate cash flow and built-in upside.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$724 USD /SF

CAP RATE

5.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

TAM’S DRIVE-THRU AND RTI RETAIL BUILDING

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,323 SF

ZONING

C2-1-CPIO

APN/PARCEL ID

6038-001-017

ASK ABOUT THIS PROPERTY

David YasharKW Commercial SoCalMore Info
310-710-5626

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David YasharKW Commercial SoCalMore Info
310-710-5626

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