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Ground Lease - Corporate Guaranted - NASDAQ - LOCO

$3,651,000

Price

12.2 Years

Remaing Term

12% Increases

Every 5 Years

LL Responsibilites

None

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El Pollo Loco-Single Tenant NNN Ground Lease

8428 Calvine Road, Elk Grove, CA/Sacramento County

  • Pure NNN ground lease/no landlord responsibilities

  • Long-term corporate lease with 12% rental increases

  • Percentage Rent

  • 12+ years remaining on original 20 year lease

  • 2-10 year Options

  • 3.25% Cap Rate

  • Outparcel to 300,000 SF super regional shopping center

  • Extraordinary high barrier to entry location

  • 85,500+ CPD intersection

  • Direct frontage on Elk Grove Florin/with seven access points

  • Nearly 1-acre parcel with ample parking spaces for tenants

  • Pandemic resistant healthy fast food use with drive-thru

  • 2014 construction

  • Fee simple ownership-debt free

  • 1.25% Commission to procuring broker

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