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Popeyes Drive-Thru | Rialto, CA 1320 W Baseline Rd

2,224 SF Retail Building Rialto, CA 92376 $3,830,000 ($1,722/SF) 4.70% Cap Rate

Investment Highlights

  • Single-Tenant Popeyes Drive-Thru: New 15-year absolute NNN ground lease | #2 “Largest Chicken Chain in the World” by Restaurant Business (2023)
  • Easily Accessible from Major Southern California Freeway: The property is 1 mile south of the Ayala Drive Exit at the 210 Freeway (154,000 Per Day)
  • Rialto is Part of the Inland Empire, One of the Fastest Growing Regions in the Nation: Over the last thirty years, the Inland Empire has grown by 78%
  • High-Traffic, Signalized Intersection Location Along Baseline Road and Ayala Drive (34,000 Cars Per Day)
  • Dense, High-Growth Inland Empire Demographics: 368,429 people and 42% population growth from 2010 to 2020 within a 5-mile radius

Executive Summary

15-Year Absolute NNN Ground Lease | 20-Year Operating History | Top 30% Performing Popeyes in California (Placer.ai).

Property Facts

Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,224 SF
Building Class
B
Year Built
2005
Price
$3,830,000
Price Per SF
$1,722
Cap Rate
4.70%
NOI
$180,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
0.81 AC
Parking
12 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
112 FT on W Base Line Rd

Amenities

  • Drive Thru

Nearby Major Retailers

Farmer Boys
Food 4 Less
24 Hour Fitness
Waba Grill
Dutch Bros
The Habit Burger Grill
Grocery Outlet
Ono Hawaiian BBQ
California Fish Grill
Olive Garden

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0264-212-49
Land Assessment
$84,152
Improvements Assessment
$1,186,789
Total Assessment
$1,270,941
  • Listing ID: 32234301

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 1320 W Baseline Rd, Rialto, CA 92376

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