800 N Sepulveda Blvd - Freestanding FOR SALE
Manhattan Beach, CA 90266 |
800 N Sepulveda Blvd
Manhattan Beach, CA 90266
HIGHLIGHTS
- Irreplaceable Manhattan Beach Location - Within a high barrier to entry market Manhattan Beach, CA.
- Below-Market Rents with Major Upside - El Pollo Loco has five (5) years remaining on the original lease with two (2), five (5)-year options to extend.
- Coveted Real Estate Investment - The Subject Property is a trophy net lease investment along Pacific Coast Highway, just one (1) mile from the beach.
- Significant Lot Size and Parking - Large 28,502 sq. ft. (0.65 AC) lot, which benefits from approximately thirty-eight (38) parking spaces.
- High Intrinsic Value - Drive-thru permits are highly-coveted within the Beach Cities, specifically Manhattan Beach.
- Corporate Guaranty with Rare Increases - The lease features a rare fifteen (15%) percent increase in the first option period.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
El Pollo Loco
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
2572
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
38
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
4167-027-030
