Pollo Campero (GL)

9045 Rosecrans Avenue, Bellflower, CA 90706

$3,725,500

Cap Rate 5.10%

Views: 35 DOM: 8 Updated: 11.01.24 Posted: 11.01.24 Status: Active

Summary

Price $3,725,500	Built/Renov 2024	Tenant Pollo Campero (GL)
Cap Rate 5.10%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 2,500	Lease Start 04-23-2024	#Units 400
Price/SF $1,490.20	Expiration 04-22-2039	Tenant Type Fast Casual/Rest.
NOI $190,000	R. Term 14.5	Ownership Ground Lease
Rent/SF $76.00	Increases 10.0%/5/yrs	Pop 5Mi 759,036
Lot/AC 0.64	Options 4/5yrs/10%	AHHI 5Mi $92,395

Ryan Gomez

Cushman & Wakefield

Contact

Lease Highlights

Brand new 2024 construction
New 15-year ground lease with 4 (5-year) options to extend
10% rental increases every 5 years
Absolute NNN lease | Zero landlord responsibilities
Corporate guaranteed lease

Location Description

Pollo Campero is strategically located on Rosecrans Avenue, with access to 21,100 vehicles passing by daily. The property is situated less than two miles from Interstate 105, which sees 230,000 VPD. It is directly adjacent to Walgreens and within half a mile of the Walmart-anchored Paramount Towne Center, featuring national tenants such as Planet Fitness, Carl's Jr., and Sally Beauty....

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Key Features

New construction
Near major nationals
Strategically located
Hospital close
Strong tenant synergy
Top 100 MSA
Strong demographics
Population increase trend
Absolute NNN
Corporate Guarantee

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Links

Pollo Campero Wikipedia Pollo Campero Wikipedia Bellflower, California Zip Code 90706 Broker Site Page Drone video

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Pollo Campero
Guarantor:Corporate
Company:CMI Foods
# Units:400
Stock:Private

About Tenant

Pollo Campero is a fast-casual chicken restaurant chain. Their chicken entrees can be ordered either Campero Fried or Citrus-Grilled, bone-in or boneless, and paired with an array of fresh sides,...

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Listing Broker

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