OUR TEAM
OUR TEAM
Ground Lease - Corporate Guaranted - NASDAQ - LOCO
$3,390,214
Price
12.7 Years
Remaining 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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Current NOI $111,538
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Extrapolated NOI $118,657
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Pure NNN Ground Lease/no landlord responsibilities
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Long-term corporate lease with 12% rental increases every 60 months
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12% above market, inflationary hedge rental increases
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Almost 13 years remaining on original 20 year lease
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2 (two) 10 (ten) year options remaining
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3.50% Cap Rate based on prorata increases accrued through 1/31/22
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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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0.85 acre parcel with ample parking spaces for customers
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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