NNN Investment 4520 Maine Ave 8,386 SF 100% Leased Industrial Building Baldwin Park, CA 91706 $3,279,337 CAD ($391.05 CAD/SF) 6.01% Cap Rate

NNN Retail Group is pleased to present a Corporate NNN commercial building in Baldwin Park, CA. The property consists of two buildings and is occupied by HDL Management USA Corp. Situated on a highly visible corridor, the property is a true NNN lease with annual rent increases and with approximately 4.5 years remaining on the lease term.
The tenant is HDL Management USA Corp which is the US arm of Haidilao. Founded in 1994, Haidilao has become an internationally renowned hotpot brand and catering giant with over 20 years of development. By the end of June 30, 2020, Haidilao has opened 935 chain restaurants in China, Singapore, U.S., South Korea, Japan, Canada, the United Kingdom, Malaysia, Vietnam, Indonesia and Australia. Haidilao is rapidly expanding in the US with 13 locations.
Strategically located in Baldwin Park, the property benefits from excellent accessibility and a strong surrounding demographic base. Within a five-mile radius, the population exceeds 547,000 residents with a median household income of over $60,000, ensuring a consistent customer base for retail and office tenants alike. Maine Avenue serves as a primary artery for the area, offering visibility and traffic counts that make this an ideal site for a wide range of users.
This investment presents a rare opportunity to acquire a stabilized asset in a dense infill San Gabriel Valley location with limited competing supply. Investors benefit from secure income, future rent growth, and strong underlying real estate fundamentals.