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Chick-Fil-A 3340 Santa Anita Ave 4,200 SF Retail Building El Monte, CA 91731 $13,663,665 CAD ($3,253.25 CAD/SF) 4.25% Cap Rate

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Investment Highlights

Single-tenant absolute NNN simple fee opportunity
(4) 5-YEAR OPTIONS TO RENEW

15-year lease term
LEASE COMMENCEMENT 1/29/2024

Executive Summary

This single-tenant absolute NNN simple fee opportunity is located at 3340 Santa Anita Avenue in El Monte, California. The property features a newly constructed ±4,200 square foot building situated on approximately ±1.89 acres (±49,920 square feet) of land. Built in 2024, the single-story building offers modern design and functionality, ideal for long-term investment stability. The site includes 35 surface parking spaces, providing an excellent parking ratio of 8.33 spaces per 1,000 square feet. Positioned in a suburban setting, the property benefits from exceptional visibility and accessibility with frontage along both the I-10 Freeway and Santa Anita Avenue, which collectively see approximately ±308,042 vehicles per day.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

4,200 SF

Building Class

Year Built

2024

Price

$13,663,665 CAD

Price Per SF

$3,253.25 CAD

Cap Rate

4.25%

NOI

$580,706 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.05

Lot Size

1.89 AC

Parking

35 Spaces (8.33 Spaces per 1,000 SF Leased)

Frontage

193’ on Santa Anita Avenue

Freeway Visibility
Pylon Sign

Signage
Signalized Intersection

Drive Thru

Monument Signage

1 1

Map
Traffic

Walk Score®

Very Walkable (83)

Transit Score®

Excellent Transit (72)

Bike Score®

Very Bikeable (80)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

The Western San Gabriel Valley area comprises a large portion of Los Angeles County directly to the east of Downtown Los Angeles. It is one of the most ethnically diverse areas in the country. Communities in the area are family friendly and offer an outstanding quality of life. Residents have innumerable options for retail, restaurants, and entertainment at their disposal.

Highways in the area, including interstates 10 and 210 and state highway 60, provide great connectivity to other cities in the San Gabriel Valley and beyond. Residents can easily access many major employment centers in Greater Los Angeles, Orange County, and the Inland Empire.

The area provides strong demographics, with high population densities and solid incomes. These factors offer an enviable consumer base, which makes the location compelling for retailers of all categories and sizes, from local mom-and-pops to national retailers.

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.

1 mile

3 mile

5 mile

15 min drive

2024 Population

33,120

209,604

526,923

1,000,137

2029 Population

31,831

201,710

507,793

987,491

2024-2029 Projected Population Growth

-3.9%

-3.8%

-3.6%

-1.3%

Median Age

37.4

39.7

40.9

41.3

College Degree + Higher

12%

19%

25%

19%

Daytime Employees

12,574

83,921

204,152

443,255

Total Businesses

1,881

9,827

22,903

54,176

Average Household Income

$73,535

$87,682

$98,481

$115,465

Median Household Income

$55,499

$67,219

$75,966

$89,036

Total Consumer Spending

$277.4M

$2B

$5.6B

$11.2B

2024 Households

8,865

57,455

153,227

305,680

Average Home Value

$622,220

$702,364

$738,515

$795,858

$ values in USD

Property Taxes

Parcel Numbers	Multiple 8579-005-024 8579-005-027 8579-005-028	Improvements Assessment	$58,611 CAD
Land Assessment	$3,115,843 CAD	Total Assessment	$3,174,453 CAD

Property Taxes

Parcel Numbers

Multiple

8579-005-024
8579-005-027
8579-005-028

Land Assessment

$3,115,843 CAD

Improvements Assessment

$58,611 CAD

Total Assessment

$3,174,453 CAD

Sale Advisors

(909) 373-2718

Contact

Jim Ridens, Senior Vice President

(909) 373-2718

Contact

Jim Ridens joined Lee & Associates - Ontario as a Senior Vice President in 2012. With more than 25 years of experience in industrial real estate, the Minnesota native has added an extensive knowledge of the Inland Empire market to his resume.

After starting his brokerage career in 1987, Ridens started Ridens & Associates in 1994. He currently specializes in the industrial market and focuses on the Inland Empire, mainly Rancho Cucamonga, Ontario and Chino. Recently, Ridens represented the seller for the $7.2 million Rancho Cucamonga Jersey Business Park sales transaction. Notable clients of his include Turner Development, Bakken Industrial Properties and Rountree Investments.

(909) 373-2717

Contact

Neil Ridens, Associate

(909) 373-2717

Contact

Neil Ridens is an Associate of Lee & Associates based out of Ontario CA. Neil specializes in industrial and land assets focused in the Inland Empire Market of Southern California. Ridens graduated from the University of Mississippi.

(626) 648-4839