Tam’s Drive Thru And Rti Retail Building
$3,995,000
500 West Manchester Avenue, Los Angeles, CA 90044
5.02
Cap Rate
1,900 sqft
Building Size
Details:
Description:
500 W. Manchester Avenue is a fully leased commercial corner property featuring both stable income and strong future development potential. The asset is anchored by a 1,900 square foot Tam’s Burgers drive-thru operating on a triple-net lease, a recognized Southern California franchise with multiple successful locations, ensuring reliable cash flow.
In addition to the drive-thru, the property includes 8,500 square feet of land leased separately, providing immediate income while offering significant upside. The land portion is RTI-approved to build a 3,600 square foot retail center, allowing an investor to expand the asset and increase long-term returns.
The property occupies a signalized corner with excellent exposure—approximately 110 feet along Manchester Avenue and 205 feet along Figueroa Street—and benefits from over 80,000 cars per day at this high-traffic intersection. Its location, just one block west of the 110 Freeway and minutes from SoFi Stadium, USC, and Downtown Los Angeles, offers both convenience and visibility for tenants and customers.
Surrounded by dense residential neighborhoods, the property draws from a local customer base of over 50,000 residents within a one-mile radius and more than 400,000 within three miles. The combination of a nationally recognized drive-thru tenant, income-producing land lease, and development potential makes 500 W. Manchester Avenue a rare, turn-key investment opportunity with immediate cash flow and built-in upside.
Approx. 1,900 SF Drive-Thru.
22,354 SF Signalized Corner Lot
RTI to Build 3,600 SF Additional Retail Center at the South end of the property.
Located at a Signalized hard corner location.
Excellent frontage; approx. 110 feet along Manchester Ave. and 205 Feet along Figueroa St.
TAM'S BURGERS IS A STRONG FRANCHISE WITH MANY LOCATIONS IN SOUTHERN CALIFORNIA!!!
Outstanding Car Traffic Counts; over 80,000 CPD at this major signalized Intersection.
100% Occupied: 1,900 SF Existing Tam's Drive-Thru Building on a NNN Lease + 8,500 SF of Land that is already leased!!!
Just one 1 block west of the 110 Freeway.
Just minutes from SoFi Stadium, USC, and Downtown Los Angeles
High-density residential area provides consistent local customer base
Over 50,000 people reside within a 1-mile radius & over 400,000 people reside within a 3-mile radius.