Restaurant For Sale • 2,676 SF
Long-Term Lease: ±15 years remaining on an absolute NNN lease with no landlord responsibilities. |
Rent Growth: 10% increases every five years, providing a hedge against inflation. |
Experienced Tenant: Corporate-backed tenant managing 46 restaurants with 32+ years of franchise experience. |
Prime Location: High-traffic area along Arrow Hwy with ±30,501 ADT and ±28,695 ADT on Irwindale Ave. |
Modern Construction: Built in 2019 with efficient design, ensuring tenant retention. |
Strategic Market: Positioned in the vibrant San Gabriel Valley market, near major highways and a dense population base. |
Cap Rate: | 4.00 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Wendy's | 2,676 SF |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 5 min | - | 3.0 mi |
Covina (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 7 min | - | 3.8 mi |
Airport | Drive | Walk | Distance |
Ontario International | 31 min | - | 23.6 mi |
Long Beach (Daugherty Field) | 40 min | - | 29.9 mi |
Bob Hope | 40 min | - | 31.1 mi |