Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LYC2A* · Lynwood, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for LYC2A* in Lynwood, CA.
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