For Sale
$3,530,000

14521 Ramona Blvd Baldwin Park, CA 91706

High-ROI NNN Ground Lease, CA

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a brand-new, 950-square-foot Dutch Bros. Coffee drive-thru, situated on a 0.85-acre lot in Baldwin Park, California. The property boasts a 15.1-year absolute NNN ground lease commencing August 5, 2024, and expiring August 31, 2039, with three 5-year options, each including a 10% rent increase. The current annual net operating income (NOI) is $150,000, representing a 4.25% cap rate on the $3,530,000 asking price. This passive investment requires no landlord responsibilities. The location is highly desirable, positioned as an outparcel to the Park Plaza on Maine shopping center, anchored by Superior Grocers and featuring other national tenants such as Bank of America, Chase Bank, CVS, El Pollo Loco, WaBa Grill, and O'Reilly Auto Parts. Benefiting from exceptional freeway access via I-10 and I-605, the property enjoys high visibility and traffic counts. Furthermore, its proximity to two high schools and a dense population base (over 533,000 people within a 5-mile radius) ensures strong customer traffic. The property's APN is 8437-004-071. This is an irreplaceable drive-thru site in the Los Angeles area, offering significant long-term growth potential.

Highlights

  • New 15-year absolute NNN ground lease with Dutch Bros. Coffee, including drive-thru.
  • 10% rent increases every 5 years; three 5-year options.
  • Passive, single-tenant net-leased investment; no landlord responsibilities.
  • Located in a high-traffic outparcel, anchored by Superior Grocers and other national tenants.
  • Excellent freeway access (I-10 & I-605) and proximity to high schools and a dense population base (533,000+ within 5 miles).
  • Irreplaceable Los Angeles area drive-thru site.

Property Details for 14521 Ramona Blvd

Property type
Retail properties
Year Built
2024
Lot Size (sq. ft)
37,026 SF

Location Insight

City
Baldwin Park
County
Los Angeles
State
California
Latitude
34.087765424282
Longitude
-117.95829666054

FAQs

What type of property is this?
Retail property - High-ROI NNN Ground Lease, CA
Where is the retail property located?
The property is located at 14521 Ramona Blvd Baldwin Park, CA.
What is the asking price?
The asking price for this property is $3,530,000.
What are key features of this property?
This property features: New 15-year absolute NNN ground lease with Dutch Bros. Coffee, including drive-thru.; 10% rent increases every 5 years; three 5-year options.; Passive, single-tenant net-leased investment; no landlord responsibilities.
How can I contact the broker?
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14521 Ramona Blvd
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