12622 Long Bch Blvd Lynwood, CA 90262-5126

Property Details for 12622 Long Bch Blvd

Year built

2017

Construction

WOOD

Lot size

0.49 lot acres

Property size

2,185 SF

Zone code

LYC2A*

Property type

Drive through restaurants

APN

6177-003-040

APU

6177003040

Description

This exceptional investment opportunity presents a 2,420 square foot, free-standing Popeyes restaurant located at 12622 Long Beach Blvd, Lynwood, CA 90262. The property sits on a 0.48-acre lot and boasts a prime corner location with exceptional visibility, averaging 33,500 vehicles daily. It benefits from its proximity to a Walmart Supercenter (2.9 million annual visitors), Rosecrans Ave (37,783 VPD), and the I-105 Freeway (225,000 VPD). The strong demographics include a 1-mile population of 43,124 and a 5-mile population of 852,530. Built in 2017 and renovated in 2020, this property is under a Net Lease (NNN) with Popeyes, a globally recognized brand, offering significant long-term stability. The lease commenced June 30, 2017, and expires May 31, 2037, with 12.4 years remaining. The lease includes 10% rent bumps every five years and four additional five-year renewal options. The current NOI is $165,000, resulting in a 4.50% cap rate. The asking price is $3,666,667. This is a turnkey investment with no landlord responsibilities, offering substantial long-term cash flow potential in a thriving Los Angeles County market.

Location Insight

City

Lynwood

County

Los Angeles

State

California

Longitude

-118.209

Latitude

33.9119

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments