Covered Land Play NNN KFC @ Below Market Rent 4270 S Central Ave
2,848 SF Retail Building Los Angeles, CA 90011 For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease Structure: Fully passive investment with tenant covering all property expenses.
- Premier Los Angeles Location: Positioned just 1.5 miles from Downtown Los Angeles.
- Transit Priority Area: Leverages TOC incentives for enhanced density and reduced parking requirements.
- Below-Market Rent Upside: Significant rent growth potential through renewal negotiations or re-tenanting.
- Redevelopment Potential: Zoned C2-2D-CPIO for flexible future use, including mixed-use or residential projects.
- Affordable Housing Opportunity: Listed in the city’s Housing Element Inventory, ideal for housing programs.
EXECUTIVE SUMMARY
CIRE Partners is pleased to exclusively present this single-tenant, absolute NNN KFC/Taco Bell property located at 4270 S Central Ave, Los Angeles, CA 90011.
This ±2,848 SF drive-thru property, set on a ±0.574-acre lot at a signalized intersection, offers fully passive ownership with an absolute NNN lease. Operated by a seasoned multi-brand franchisee, the lease includes fixed 8% rent escalations every 5 years and extends through February 2027, with two (2) additional 5-year renewal options.
Zoned C2-2D-CPIO, the site provides substantial redevelopment flexibility, allowing for potential multifamily or mixed-use projects under Transit-Oriented Communities (TOC) incentives. Located just 1.5 miles from Downtown Los Angeles, this property presents an outstanding investment opportunity with stable income today and significant long-term value-add potential.
For more information, please contact:
Renato Lorja | rlorja@cirepartners.com | 858.900.3700
Arbi Goce | agoce@cirepartners.com | 858.900.3114
This ±2,848 SF drive-thru property, set on a ±0.574-acre lot at a signalized intersection, offers fully passive ownership with an absolute NNN lease. Operated by a seasoned multi-brand franchisee, the lease includes fixed 8% rent escalations every 5 years and extends through February 2027, with two (2) additional 5-year renewal options.
Zoned C2-2D-CPIO, the site provides substantial redevelopment flexibility, allowing for potential multifamily or mixed-use projects under Transit-Oriented Communities (TOC) incentives. Located just 1.5 miles from Downtown Los Angeles, this property presents an outstanding investment opportunity with stable income today and significant long-term value-add potential.
For more information, please contact:
Renato Lorja | rlorja@cirepartners.com | 858.900.3700
Arbi Goce | agoce@cirepartners.com | 858.900.3114
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,848 SF
Building Class
B
Year Built
2000
NOI
£67,204
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
0.57 AC
Zoning
C2-2D-CPIO
Parking
26 Spaces (9.13 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Restaurant
- Signalised Intersection
- Drive Thru
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5115-030-005 | Improvements Assessment | £375,172 |
| Land Assessment | £218,452 | Total Assessment | £593,624 |
