For Sale
$3,725,000

9045 Rosecrans AveBellflower, CA 90706

High-yield Pollo Campero, absolute NNN ground lease.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a brand-new, 2,500 square foot Pollo Campero restaurant situated on a 0.64-acre lot in Bellflower, California. The property boasts a prime location at 9045 Rosecrans Ave, 90706, with excellent visibility and access, less than two miles from the I-105 freeway (230,000 vehicles per day). Built in 2024 and opened in September 2024, this single-tenant property features a 15-year absolute NNN ground lease with four 5-year renewal options, guaranteeing long-term stability and predictable cash flow. The lease includes a 10% rent increase every five years, ensuring consistent growth in rental income. The property generates a strong net operating income (NOI) of $190,000, resulting in a 5.10% cap rate. With 58 parking spaces and a drive-thru, the property caters to the high volume of traffic in this thriving retail corridor. The surrounding area showcases affluent demographics, with a household income exceeding $95,000 within a one-mile radius, and a projected population increase of 2.75% in 2025. The property benefits from its proximity to major retailers such as Walgreens, The UPS Store, and Food 4 Less, as well as the Promenade at Downey and Downey Landing shopping centers, and Kaiser Permanente Downey Medical Center. This is a truly exceptional opportunity to acquire a high-performing, low-maintenance asset in a rapidly growing market. The asking price is $3,725,000, representing a compelling price per square foot of land value at $96.11/SF.

Highlights

  • $3,725,000 asking price for a Net Leased Pollo Campero.
  • Brand new, 2024 construction, 2,500 square foot QSR/Fast Food building on a 0.64-acre lot.
  • 15-year Absolute NNN ground lease commencing April 23, 2024, with four 5-year renewal options and 10% rent increases every 5 years.
  • 100% occupancy, generating a $190,000 NOI and a 5.10% cap rate.
  • Excellent location in Bellflower, CA, with high visibility and ample parking (58 spaces) including a drive-thru, situated in a strong retail corridor near major roadways and other national retailers.

Property Details for 9045 Rosecrans Ave

Property type
Retail properties
Square Feet
2,500 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
27,878 SF
Units
1

Location Insight

City
Bellflower
County
Los Angeles
State
California
Latitude
33.903911366709
Longitude
-118.14095739393
9045 Rosecrans Ave, Bellflower, California

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9045 Rosecrans Ave
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