El Pollo Loco NNN Property For Sale — Lancaster, CA
2056 E Avenue J, Lancaster, CA 93535
This El Pollo Loco property offers an attractive investment opportunity with a 20-year NNN ground lease that commenced in December 2017, ensuring zero landlord responsibilities. The building was newly constructed in 2017 and benefits from a corporate guaranteed lease. Strategically located adjacent to a Walmart and an Aldi grocer, the property also boasts proximity to major employers like Lockheed Martin and Northrop Grumman manufacturing plants. The lease includes favorable 10% rent increases every five years, providing a hedge against inflation and enhancing long-term returns. This represents a stable, management-free investment in a strong retail corridor.
- Address: 2056 E Avenue J, Lancaster, CA 93535
- Asking price $1.98M
- 4.40% cap rate
- NOI $87,000
- 11.3 years remaining
- NNN lease
- Year built: 2017
- Building size: 2,973 SF
- Lot size: 0.50 acres
- Lease expiration: Dec 31, 2037
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This El Pollo Loco property is at 2056 E Avenue J in Lancaster, California.
Asset type: NNN