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17200 Railroad St 3,861 SF Retail Building City of Industry, CA 91748 $4,015,976 CAD ($1,040.14 CAD/SF) 5% Cap Rate
Investment Highlights
- Absolute NNN — Zero Landlord Obligations. Below-Market Rent & 3% Annual Growth
- At the Center Spot Where Five Communities Converge: City of Industry, Rowland Heights, Hacienda Heights, La Puente, and South San Jose Hills.
- Proven Tenant — 4.3? Star, Combined 2,300+ Reviews. Tacos Don Goyo runs three locations - City of Industry, Downey & Brea.
- Irreplaceable Signalized Hard Corner with 71,304 Cars Per Day Traffic
- Captive Lunch Trade of 67,000+ Workers. Dinner and Weekend Trade from 153,687 Populations with $119,099 Household Income within 3 Miles Radius.
- Nearby Costco, Walmart Supercenter, Puente Hills Mall, Auto Malls, Glen Wilson High School, and Industry Hills Golf Club.
Executive Summary
A 3,861 SF free-standing restaurant on a 19,798 SF signalized hard-corner lot at S. Azusa Avenue and Railroad Street, fully renovated in 2023 for Tacos Don Goyo's brand-new 10-year absolute NNN lease.
The lease delivers truly management-free income. In-place rent of roughly $3.00/SF per month is below market for a corner of this caliber, and fixed 3% annual increases compound NOI every year — downside protection today, upside at rollover.
The site sits at the center point where five communities converge: City of Industry, Rowland Heights, Hacienda Heights, La Puente, and South San Jose Hills. That convergence puts 153,687 residents with a $119,099 average household income within just three miles, and 71,304 cars per day pass the location just few block from the 60 Freeway, alongside Costco, Walmart Supercenter, Glen A. Wilson High School, Auto malls and Puente Hills Mall. Railroad Street is the main gateway to the City of Industry — 3,000+ businesses and 67,000+ daytime workers driving a captive weekday lunch trade with no nearby restaurants. The tenant, a three-location Southern California operator averaging 4.3? across 2,300+ Google reviews, is built to serve it, with 37 on-site parking stalls.
The lease delivers truly management-free income. In-place rent of roughly $3.00/SF per month is below market for a corner of this caliber, and fixed 3% annual increases compound NOI every year — downside protection today, upside at rollover.
The site sits at the center point where five communities converge: City of Industry, Rowland Heights, Hacienda Heights, La Puente, and South San Jose Hills. That convergence puts 153,687 residents with a $119,099 average household income within just three miles, and 71,304 cars per day pass the location just few block from the 60 Freeway, alongside Costco, Walmart Supercenter, Glen A. Wilson High School, Auto malls and Puente Hills Mall. Railroad Street is the main gateway to the City of Industry — 3,000+ businesses and 67,000+ daytime workers driving a captive weekday lunch trade with no nearby restaurants. The tenant, a three-location Southern California operator averaging 4.3? across 2,300+ Google reviews, is built to serve it, with 37 on-site parking stalls.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,861 SF
Building Class
C
Year Built
1975
Price
$4,015,976 CAD
Price Per SF
$1,040.14 CAD
Cap Rate
5%
NOI
$200,799 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.49 AC
Zoning
M
Parking
37 Spaces (9.58 Spaces per 1,000 SF Leased)
Frontage
100’ on Azusa Ave
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8264-004-089 | Improvements Assessment | $1,054,996 CAD |
| Land Assessment | $2,260,707 CAD | Total Assessment | $3,315,703 CAD |
Property Taxes
Parcel Number
8264-004-089
Land Assessment
$2,260,707 CAD
Improvements Assessment
$1,054,996 CAD
Total Assessment
$3,315,703 CAD
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