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El Pollo Loco

$2,268,000

209 1st Avenue South, Nampa, ID 83651

Active
Last Updated: 08/24/2026

4.85

Cap Rate

110,000

NOI

Details:
Cap Rate:    4.85%
NOI:    $110,000
Lot Area:    0.52 acres
Lease Type:    Ground
Year Built:    2026
Tenancy:    Single
Parking Spots:    14
Construction Status:    In Progress
Highlights:
  • New 20-year ground lease features 10% rental increases every five years throughout the base term and option periods
  • Excellent Fundamentals – Hard-corner location at a signalized intersection with multiple points of ingress/egress and low replacement rent
  • The franchisee has executed a supplemental lease guaranty providing for additional credit support (Contact listing broker for further details)
  • El Pollo Loco operates more than 500 restaurants across the United States
  • El Pollo Loco continues to expand its footprint, with the company targeting approximately 18–20 new restaurant openings during fiscal 2026
  • The franchisee has operated El Pollo Loco restaurants for approximately 25 years, providing established operating experience within the brand
  • Nampa’s population increased approximately 20% between 2020 and 2025 to more than 120,000 residents, reinforcing the city’s position as a major growth market within the Boise MSA
  • The property is positioned within a heavily trafficked Nampa retail corridor near Tractor Supply, Fred Meyer, McDonald’s and other national retailers, providing strong daily-needs traffic and consumer draw
  • Per the Census, Nampa generated more than $3.35 billion in retail sales in 2022, reflecting the city’s growing population and expanding regional consumer base
Description:

This new construction El Pollo Loco ground lease located in Nampa, Idaho, is situated in one of the fastest-growing communities in the Boise MSA. The restaurant is expected to open early October 2026 and benefits from a strong surrounding retail corridor, positioned near Idaho’s second highest-trafficked Fred Meyer and adjacent to a McDonald’s ranking in the top 8% nationally for foot traffic, according to Placer.ai.

Map:
Documents:
Title
ElPolloLoco_NampaID.pdf
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Location
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