5795 Bickett StHuntington Park, CA 90255

Property Details for 5795 Bickett St

Construction

WOOD

Lot size

0.71 AC

Property size (Sq ft)

3,505 SF

Zone code

HPM2

Property type

Retail properties

Property subtype

Other commercial kitchens

APN

6310-016-018

APU

6310016018

Description

This exceptional investment opportunity presents a brand-new, 3,180 square foot Raising Cane's restaurant in Huntington Park, California, built in 2024. The property boasts a 15-year absolute net ground lease with a corporate guarantee, expiring January 30, 2039, and featuring 10% rent bumps every five years. Situated on a 0.78-acre lot at a signalized hard corner location, this Class A property benefits from exceptional visibility and accessibility, with daily traffic counts exceeding 34,000 vehicles. The location is strategically positioned along a major retail corridor and enjoys proximity to major highways (Interstate 710 and 110), public transportation, and a high-density population base (over 1 million people within a 5-mile radius, projected to grow by 2.75% by 2025). The property's strong performance is further enhanced by its adjacency to a high-performing Home Depot store and Huntington Park High School. The current Net Operating Income (NOI) is $365,000, resulting in a 4.50% cap rate. This is a rare opportunity to acquire a generational asset in a prime Los Angeles location with a strong, established tenant and significant growth potential. The property features a dual drive-thru for enhanced operational efficiency. The asking price is $8,111,111.

• CAP approach

  CAP return

  Valuation

  6%

  $1,480,200

  6.5%

  $1,366,339

  7%

  $1,268,743

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,679,607

  Geo Method

  $1,679,607

• Alternative Use

  Use

  Valuation

  Residential

  $1,152,558

  Hospitality

  $1,055,737

  Educational

  $878,361

  Medical

  $908,569

  Retail

  $1,366,339

Location Insight

City

Huntington Park

County

Los Angeles

State

California

Latitude

33.9896

Longitude

-118.216

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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