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El Pollo Loco

2750 Camino Dos Rios, Thousand Oaks, CA 91320

Price:
Undisclosed
CAP Rate:
N/A
NOI:
$116,268
Net Rentable Area:
2,600 SF
Lot Size:
0.6 Acres
Year Built:
1999
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • NEW 10 YEAR GROUND LEASE EXTENSION
  • Absolute Net-Lease – Zero Landlord Responsibilities
  • In the retail hub of the region with a drive-thru and patio seating
  • Located on the Corner of Camino Dos Rios and Hillcrest Drive and Directly off the 101 Ventura Freeway
  • As of August 2020, the site is under new and improved management. New 3 unit operator (franchisee) with over 20 years experience in EPL operation.
    • Franchisee is committed to the success of the location, offering a personal and franchise guarantee
    • Operator is also spending over $300,000 of their own money to renovate the property
    • Franchisee has also placed a 3 month security deposit to the benefit of the Landlord to off set any perceived risk
  • Located Less than Half a Mile from Adventist Academy High School and Less than Two Miles Away from Newbury Park High School, Allowing for Heavy Foot and Lunch Traffic from the Students
  • Pandemic resistant, recession resistant and e-commerce resistant, makes this investment opportunity a sleep-at-night opportunity

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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