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Listing Details

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MLS #
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Neighborhood
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School Ratings & Info

Description

Building completed in 2019. Newer building next to Little Caesars Pizza with its own private drive thru separate from Little Caesars. Corporate signed triple net lease with no landlord responsibilities. Lease is $10,750 per month for ten years plus two five year options. Rental increase is 10% every 5 year and first increase is in 2024.Tenant has paid full rent throughout the pandemic with no adjustment whatsoever.Casablanca Properties.Agent: Ray Barba

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
www.myorangecountyhomesearcher.com/homes/114818226
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9211 Telegraph Rd. Pico Rivera, CA 90660

  • Price: $3,600,000
  • Status: Active
  • ID#: MB21046484
0
Beds
0
Baths
0
½ Baths
0.31
Acres
2,497
SQFT
$1,442
$/SQFT
2019
Built
Neighborhood:
649 - Pico Rivera
County:
Los Angeles
Area:
649 - Pico Rivera
Property Description
Building completed in 2019. Newer building next to Little Caesars Pizza with its own private drive thru separate from Little Caesars. Corporate signed triple net lease with no landlord responsibilities. Lease is $10,750 per month for ten years plus two five year options. Rental increase is 10% every 5 year and first increase is in 2024.Tenant has paid full rent throughout the pandemic with no adjustment whatsoever.Casablanca Properties.Agent: Ray Barba
Exterior Features

Lot Features 0-1 Unit/AcreCorner Lot

Property Features

Additional Parcels YN No Common Interest Planned Development Laundry Features None Listing Agreement Exclusive Right To Sell Property Sub Type Retail Special Listing Conditions Real Estate Owned Water Source Public

Listing provided courtesy of Lorenzo Rocha of Lorenzo Rocha Broker


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
 
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Zutila, Inc.
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Irvine CA, 92604