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Popeyes 1224 S Atlantic Blvd 1,200 SF Retail Building Alhambra, CA 91803 $6,165,810 CAD ($5,138.18 CAD/SF) 4.06% Cap Rate



INVESTMENT HIGHLIGHTS
- Stabilized investment.
- Two of the world's largest fast food operators in free standing buildings.
- Zero Landlord responsibilities.
- Located at major signalized intersection.
EXECUTIVE SUMMARY
Angeles County. These freestanding quick serve restaurants are located on the hard signalized corner of W. Valley Blvd. and S. Atlantic Blvd, in Alhambra, each with their own
address and APN numbers. These two NNN leased investments offer an attractive opportunity for investors seeking stable income, a prime location, and reputable name-brand national tenants. Both Popeyes and Pizza Hut have been operating out of their respected locations here for more than 30 years and have both renewed their leases as they plan to be in place for the foreseeable future. These true NNN leases and their options have fixed rent escalations, and minimal landlord obligations, which will align with the goals of savvy real estate investors looking to build a solid and resilient portfolio in the QSR sector.
Both properties have been recently renovated and are conveniently located in the thriving downtown district of Alhambra with high traffic counts, large daytime and full-time population, as well as easy ingress and egress.
Don't miss the chance to secure these income-generating assets in a thriving market. For detailed financial information, property specifics, and a comprehensive investment analysis, please contact us for further due diligence.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Line
- Restaurant
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Pizza Hut
- Accommodation and Food Services
- 1,242 SF
- -
- Triple Net
- Jan 2030
Popeyes is a global quick-service restaurant brand focused on Louisiana-style fried chicken and related menu offerings. The company was founded in 1972 in the New Orleans suburb of Arabi, Louisiana, by entrepreneur Alvin C. Copeland Sr. Originally operating as “Chicken on the Run,” the concept was rebranded as Popeyes after introducing a spicier Cajun-influenced recipe that differentiated it from national competitors. Popeyes expanded through franchising beginning in the mid-1970s and established itself as a leading chicken-focused quick-service brand in the United States before expanding internationally.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Pizza Hut | Accommodation and Food Services | 1,242 SF | - | Triple Net | Jan 2030 | |
|
Accommodation and Food Services | 1,200 SF | - | Triple Net | Feb 2033 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $394,756 CAD | |
| Land Assessment | $1,189,963 CAD | Total Assessment | $1,584,719 CAD |
PROPERTY TAXES
Presented by
Popeyes | 1224 S Atlantic Blvd
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