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Popeyes 868 S Brea Canyon Rd 2,718 SF Retail Building Diamond Bar, CA 91789 $5,301,973 CAD ($1,950.69 CAD/SF) 4.25% Cap Rate
Investment Highlights
- Single Tenant Net Leased Retail Asset – Popeyes – Diamond Bar, CA (Los Angeles MSA)
- Brand New 2024/2025 Construction - State of the art Building Prototype o Dual Lane Drive-Thru
- Outparcel to Brea Canyon Business Park – Occupied by Multi-Tenant Office Building and Hampton Inn by Hilton (124 Room Hotel)
- Franchisee Guarantee (8 Units) – Highland Food Express, Inc. o (30 Unit Operator w/ 25 Years of Experience as a Franchisee)
- Large Pylon Sign Visible from 60 Freeway
- Situated on S. Brea Canyon Rd. (Main Commercial Thoroughfare) 26,800 VPD
Executive Summary
The Snyder Carlton National Net Lease Team is pleased to offer for sale a single tenant Popeyes (30 Unit Franchisee Operator) located in Diamond Bar, CA (Los Angeles MSA). Popeyes Louisiana Kitchen is a global leader in the fried chicken segment, operating a massive network of approximately 4,586 locations worldwide as of early 2026 (including over 3,100 in the U.S.). The brand is a major economic driver for its parent company, Restaurant Brands International (RBI), reporting approximately $7.57 billion in annual system-wide sales for the 2025 fiscal year.
The subject building was just recently completed in 2024/2025 and rent has commenced. The 2,718 SF building is located along S. Brea Canyon Rd. and is situated on a 17,116 SF Parcel. S. Brea Canyon Rd. is a major commercial thoroughfare running through the city of Diamond Bar. It is a major connection point for surrounding residents and Industrial businesses to the 60 and 57 Freeways. The state of the art, most recent building prototype is equipped with a dual lane drive-thru, extended stacking lane, large pylon sign visible from the 60 Freeway, outdoor dining patio and indoor sit-down seating area.
The initial 20-Year Ground Lease includes (2) 5-Year Options plus (1) 4 Year and 11 month option with scheduled rental increases of 10.00% every 5 years. The lease is absolute NNN with zero landlord obligations. The maintenance and management of the parking lot and common areas outside of the subject parcel are maintained by the HOA manager “Declarant” of Brea Canyon Business Park.
The subject building was just recently completed in 2024/2025 and rent has commenced. The 2,718 SF building is located along S. Brea Canyon Rd. and is situated on a 17,116 SF Parcel. S. Brea Canyon Rd. is a major commercial thoroughfare running through the city of Diamond Bar. It is a major connection point for surrounding residents and Industrial businesses to the 60 and 57 Freeways. The state of the art, most recent building prototype is equipped with a dual lane drive-thru, extended stacking lane, large pylon sign visible from the 60 Freeway, outdoor dining patio and indoor sit-down seating area.
The initial 20-Year Ground Lease includes (2) 5-Year Options plus (1) 4 Year and 11 month option with scheduled rental increases of 10.00% every 5 years. The lease is absolute NNN with zero landlord obligations. The maintenance and management of the parking lot and common areas outside of the subject parcel are maintained by the HOA manager “Declarant” of Brea Canyon Business Park.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,718 SF
Building Class
B
Year Built
2025
Price
$5,301,973 CAD
Price Per SF
$1,950.69 CAD
Cap Rate
4.25%
NOI
$225,334 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.81 AC
Zoning
LCA115000* - Commercial
Parking
36 Spaces (13.25 Spaces per 1,000 SF Leased)
Frontage
309’ on South Brea Canyon Road
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8719-013-019 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,371,823 CAD | Total Assessment | $1,371,823 CAD |
Property Taxes
Parcel Number
8719-013-019
Land Assessment
$1,371,823 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,371,823 CAD
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Popeyes | 868 S Brea Canyon Rd
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