9045 Rosecrans Ave Bellflower, CA 90706

Property Details for 9045 Rosecrans Ave

Year built

2002

Lot size

0.66 lot acres

Property size

28,000 SF

Zone code

BFM1*

Property type

Parking lots & garages

APN

6262-008-030

APU

6262008030

Description

This exceptional investment opportunity presents a brand-new, 2,500 square foot Pollo Campero restaurant situated on a 0.64-acre lot in Bellflower, California. The property boasts a prime location at 9045 Rosecrans Ave, 90706, with excellent visibility and access, less than two miles from the I-105 freeway (230,000 vehicles per day). Built in 2024 and opened in September 2024, this single-tenant property features a 15-year absolute NNN ground lease with four 5-year renewal options, guaranteeing long-term stability and predictable cash flow. The lease includes a 10% rent increase every five years, ensuring consistent growth in rental income. The property generates a strong net operating income (NOI) of $190,000, resulting in a 5.10% cap rate. With 58 parking spaces and a drive-thru, the property caters to the high volume of traffic in this thriving retail corridor. The surrounding area showcases affluent demographics, with a household income exceeding $95,000 within a one-mile radius, and a projected population increase of 2.75% in 2025. The property benefits from its proximity to major retailers such as Walgreens, The UPS Store, and Food 4 Less, as well as the Promenade at Downey and Downey Landing shopping centers, and Kaiser Permanente Downey Medical Center. This is a truly exceptional opportunity to acquire a high-performing, low-maintenance asset in a rapidly growing market. The asking price is $3,725,000, representing a compelling price per square foot of land value at $96.11/SF.