900 East Alosta Avenue

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900 East Alosta Avenue

Azusa, CA 91702
Asking Price
$6.55M
Cap Rate
4.35%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Absolute NNN Corporate Ground Lease | Recent 11-Year Lease Extension; 14 Year Operating History <ul><li>​<strong style="color: rgba(0, 0, 0, 1)">Single-Tenant Chick-fil-A with New Double Drive-Thru:</strong><ul><li>​<span style="color: rgba(0, 0, 0, 1)">10 years remaining; absolute NNN corporate ground lease; zero landlord responsibilities</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Chick-fil-A recently extended their lease for 11 years, showing their long-term commitment to the location</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">The former single-lane drive-thru was r

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NOI
$80,000
Cap Rate
1.22%
DSCR
0.21
Underwater
Cash-on-Cash
-15.72%
Monthly Payment
$32,430.563
Annual Cash Flow
$-309,166.762

Location & Travel Times