Pollo Loco NNN 631 Long Beach Blvd

Investment Highlights

Long Term NNN corporate lease with El Pollo Loco, Inc. Possible future high density residential development opportunity - PD-30 zoning Blue Metro Line station across the street High Profile Site in Dense Retail Trade Corridor - Surrounded by other national retail tenant?s near-by 2 years remaining on current lease with 3-5 year options Blocks from city center and beach

Executive Summary

Prime investment opportunity. NNN ground lease with a national tenant for over 20 years. 2 years remaining on the current lease with 3- 5 year options remaining. 23% fixed increase in rent on next option. Possible high density residential development site, zoned LBPD30.

• Sale Type    Investment NNN
• Sale Condition    Ground Lease (Leased Fee)
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Restaurant Fast Food
• Building Size    2,515
• Building Class    C
• Year Built    1969
• Price    3,495,000
• Price Per SF    1,390
• Cap Rate    2.80
• NOI    98,035
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.11
• Land Acres    0.54 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

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