El Pollo Loco

Seri Bryant

Associate

818.212.2655

Seri.Bryant@MarcusMillichap.com

"

The quality of your thinking determines the quality of your life. "

Rebekah Snyder

Senior Research Analyst

818.212.2731

Rebekah.Zweiban@MarcusMillichap.com

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Andrea Tuch

Marketing Manager

818.212.2660

Andrea.Tuch@MarcusMillichap.com

"

The highest form of wisdom is kindness."

Hunter Stratton

Associate

CA BRE:

818.212.2730

Hunter.Stratton@MarcusMillichap.com

Hunter Stratton is the newest member of the NNN team. He started his career as an award-winning sales representative and sales manager for Southern Glazer’s Wine & Spirits. Where he represented some of the most prestigious brands in the industry like Dom Perigon, Jonnie Walker, and Don Julio. Due to Covid-19 he was forced to change careers and started working in residential real estate, working directly with one of the top agents in the Coachella Valley, California. Hunter’s natural ability to build trusting relationships, his motivation to succeed, and his innate customer service skills are an asset to brokerage.

When Hunter isn’t working you can find him at the golf course, fishing, or playing with his dog Harlow.

"

You must expect great things of yourself before you can do them. "

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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