800 N Sepulveda Blvd | Manhattan Beach, CA 90266
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- LoopNet Team
800 N Sepulveda Blvd
Manhattan Beach, CA 90266
El Pollo Loco · Retail Property For Sale
Investment Highlights
- Irreplaceable Manhattan Beach Location - Within a high barrier to entry market Manhattan Beach, CA.
- Coveted Real Estate Investment - The Subject Property is a trophy net lease investment along Pacific Coast Highway, just one (1) mile from the beach.
- High Intrinsic Value - Drive-thru permits are highly-coveted within the Beach Cities, specifically Manhattan Beach.
- Below-Market Rents with Major Upside - El Pollo Loco has five (5) years remaining on the original lease with two (2), five (5)-year options to extend.
- Significant Lot Size and Parking - Large 28,502 sq. ft. (0.65 AC) lot, which benefits from approximately thirty-eight (38) parking spaces.
- Corporate Guaranty with Rare Increases - The lease features a rare fifteen (15%) percent increase in the first option period.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,572 SF
Building Class
B
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.65 AC
Zoning
MBC2YY
Parking
38 Spaces (14.77 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 4167-027-030 | Improvements Assessment | $1,260,720 |
| Land Assessment | $7,676,713 | Total Assessment | $8,937,433 |
PROPERTY TAXES
Parcel Number
4167-027-030
Land Assessment
$7,676,713
Improvements Assessment
$1,260,720
Total Assessment
$8,937,433
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