900 E Alosta Ave - Fast Food FOR SALE


Azusa, CA 91702
$6,555,000 USD
844-585-7684
900 E Alosta Ave, Azusa, CA for Sale
$6,555,000 USD
Fast Food - FOR SALE
1/4
null | 4.35% Cap Rate

900 E Alosta Ave
Azusa, CA 91702


HIGHLIGHTS

  • Single-Tenant Chick-fil-A with New Double Drive-Thru
  • 10 years remaining; absolute NNN corporate ground lease; zero landlord responsibilities
  • Chick-fil-A recently extended their lease for 11 years, showing their long-term commitment to the location
  • The former single-lane drive-thru was recently renovated and expanded to Chick-fil-A’s new double drive-thru prototype
  • Hard Corner, Signalized Intersection (46,500+ CPD): Pad to University Crossing (1.3 Million Annual Visits, Placer.ai)
  • Directly Across the Street from Two Universities: Azusa Pacific University (7,000+ Students) and Citrus College (16,000+ students)

OVERVIEW

Absolute NNN Corporate Ground Lease | Recent 11-Year Lease Extension; 14 Year Operating History | Recent Expansion to New Double Drive-Thru Prototype | Directly Across from Azusa Pacific University & Citrus College (23K+ Students)

FOR SALE DETAILS

PRICE

$6,555,000 USD

PRICE/SF

$1,359 USD /SF

CAP RATE

4.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A | Azusa, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

8628-004-166

ASK ABOUT THIS PROPERTY

Bill AsherHanley Investment GroupMore Info
844-585-7684

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Bill AsherHanley Investment GroupMore Info
844-585-7684

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