RAISING CANE'S w/ DR-THRU | 15YR NNN GOUND
3,180 SF | Retail Building | Huntington Park, CA 90255 | $8,111,111 ($2,551/SF) | 4.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $8,111,111
- Property Type
-
Retail, Restaurant
- Square Feet
- 3,180 SF
- Price / Square Foot
- $2,551
Listing Contacts
Alvin Mansour
Verified Profile
Jon Talia
Verified Profile
- Property Info
Property Overview
Los Angeles Trophy Location - Generational Opportunity | Pad to Brand New Construction Target | Signalized Hard Corner | Directly Across Top 2% Most Visited Home Depot | Extremely Dense Los Angeles Submarket | Brand New 2024 Construction
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Freestanding, Storefront
- Lot Size (sq. ft)
- 33,977 SF
Highlights
- Los Angeles Trophy Location - Generational Opportunity - 15-Year Absolute Net Lease.
- Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 Construction w/ Dual Drive-Thru.
- Positioned Along Area’s Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility. Signalized Hard Corner Location.
- In 2024, Raising Cane’s is Projected to earn more than $4.5B in Systemwide Sales, eclipse $6 Million in AUV, and finish w/ more than 850 Restaurants.
- Pad to a Brand New Construction Target - Recent Grand Opening. The Home Depot, Located Across the Street, is in the Top 2% of Most Visited Home Depot.
- Extremely Dense Los Angeles Submarket with over 1M People Residing in a 5-mile Radius. By 2025, the Population is Expected to Increase by 2.75%.
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