Pollo Campero 9045 Rosecrans

This brand new 15 Year Absolute NNN Ground Lease Pollo Campero asset opened September 2024. The subject property is strategically placed in an extremely dense Los Angeles submarket with a population of +$760,000 in a 5-mile radius. The site is directly adjacent to Walgreens and several national retailers such as The UPS Store, Family Tires, Chevron, Supercuts, Food 4 Less, and more. This 0.64 acre lot has ample parking and a drive-thru in a strong retail corridor with excellent visibility, access, and frontage on Rosecrans Avenue. The site is less than 2 miles from Promenade at Downey and Downey Landing shopping center with 18.8MM visits combined per year, per Placer.ai. The subject property is less than 2 miles from Kaiser Permanente’s 2nd largest facility with ±5,585 employees (Kaiser Permanente Downey Medical Center) and several hotels with nearly 300 rooms combined.
The subject property is in a dominant infill location, less than 2 miles off I-105 (+230,000 VPD). The site has surrounding affluent demographics with HHI of +$95,000 in a 1 mile radius and the population is expected to increase by 2.75% in 2025. The lease offers four 5-year renewal options and 10% rent increases every 5 years.
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