14521 Ramona BlvdBaldwin Park, CA 91706

Property Details for 14521 Ramona Blvd

Year built

2024

Lot size

0.85 AC

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Baldwin Park

County

Los Angeles

State

California

Latitude

34.0878

Longitude

-117.958

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].