15-Year Absolute NNN Ground Lease
$9,473,000
12666 Studebaker Road, Norwalk, CA 90650
4.75
Cap Rate
450,000
NOI
Details:
Description:
Trophy Los Angeles County Net Lease Investment - Brand-new Cane's 2024 construction drive-thru on an oversized parcel which includes a double drive-thru allowing stacking of 22 vehicles
State of the Art Design - The site benefits from a double drive-thru and a 3,705 sqft structure with significant parking, allowing for ease of access and increased revenue potential
Desirable Urban Los Angeles Demographics - 3-mile radius contains a population of over 245,000 people and average household incomes of over $112,000
Optimal Lease Structure - Contains a 15-year absolute NNN corporate guaranteed ground lease with no landlord responsibilities
Unmatched Transit Location - Immediate proximity to the Interstate 105 terminus and 605 interchange gives the site ideal access to several on/off ramps and freeways
Synergistic Commercial Corridor - One block away from Costco and Stater Bros shopping centers and nearby several national retail tenants
Incredibly Valuable Lot - The subject property sits on a 1.60-acre parcel in the heart of Norwalk, being one of the largest quick service restaurant properties in Southern California
Extremely High Traffic Intersection - Located at the signalized SEC of Imperial Hwy. and Studebaker Rd. seeing north of 66,000 cars per day in traffic
Documents:
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Offering Memorandum
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Location

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