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2051 E Florence Ave
Los Angeles, CA 90001
Burger King · Retail Property For Sale
Investment Highlights
- Absolute NNN lease with tenant responsible for all expenses and no landlord duties.
- World-renowned Burger King brand with 19,300+ locations in 100+ countries.
- 4.50% cap rate with $247,680 annual rent and ±8 years remaining on lease.
- Prime signalized intersection with ±81,420 VPD and dense 5-mile population of 1,065,999.
- Located in a high-demand Los Angeles retail corridor with strong national co-tenancy.
- Built in 1989 on a ±0.57 acre lot with ±2,400 SF building.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,400 SF
Building Class
B
Year Built
1989
Price
$7,624,361 CAD
Price Per SF
$3,176.82 CAD
Cap Rate
4.50%
NOI
$343,096 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.57 AC
Zoning
M3* - Light Industrial
Parking
35 Spaces (14.58 Spaces per 1,000 SF Leased)
Frontage
166’ on E Florence Ave
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 6009-039-048 | Improvements Assessment | $887,105 CAD |
| Land Assessment | $991,473 CAD | Total Assessment | $1,878,578 CAD |
Property Taxes
Parcel Number
6009-039-048
Land Assessment
$991,473 CAD
Improvements Assessment
$887,105 CAD
Total Assessment
$1,878,578 CAD
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