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OUR TEAM
OUR TEAM
Ground Lease - Corporate Guaranted - NASDAQ - LOCO
$3,651,000
Price
12.2 Years
Remaing Term
12% Increases
Every 5 Years
LL Responsibilites
None
El Pollo Loco-Single Tenant NNN Ground Lease
8428 Calvine Road, Elk Grove, CA/Sacramento County
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Pure NNN ground lease/no landlord responsibilities
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Long-term corporate lease with 12% rental increases
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Percentage Rent
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12+ years remaining on original 20 year lease
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2-10 year Options
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3.25% Cap Rate
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Outparcel to 300,000 SF super regional shopping center
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Extraordinary high barrier to entry location
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85,500+ CPD intersection
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Direct frontage on Elk Grove Florin/with seven access points
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Nearly 1-acre parcel with ample parking spaces for tenants
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Pandemic resistant healthy fast food use with drive-thru
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2014 construction
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Fee simple ownership-debt free
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1.25% Commission to procuring broker
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