El Pollo Loco NNN Property For Sale — Mesa, AZ
1036 S. Country Club Dr., Mesa, AZ 85210
This investment offers a fee-simple, absolute NNN ground lease with El Pollo Loco, a prominent flame-grilled chicken leader. The lease features 12.5% rental increases every five years, including option periods, providing a stable income stream. The lease is guaranteed by a successful, multi-unit franchisee with a strong operational history and proven performance within the El Pollo Loco system. The property benefits from a strategic location at a hard corner with high visibility on a main retail corridor in Mesa, AZ, an outparcel to a 99c Store-anchored shopping center. It is near Arizona State University and Mesa Financial Plaza, ensuring significant daytime and evening traffic. Mesa is one of the fastest-growing cities in the nation, offering robust demographics and strong retail demand…
- Address: 1036 S. Country Club Dr., Mesa, AZ 85210
- Asking price $1.26M
- 6.00% cap rate
- NOI $75,600
- 5 years remaining
- NNN lease
- Building size: 3,060 SF
- Lot size: 0.50 acres
- Rent increases: 12.5% rental increases every 5 years, including all options.
- Guarantor: Corporate
Location
This El Pollo Loco property is at 1036 S. Country Club Dr. in Mesa, Arizona.
Asset type: Retail - Free Standing