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El Pollo Loco, Bedford, TX

El Pollo Loco

TX, United States

Price $1,593,000
Cap Rate
NOI
Lease Term 20 Years
Lease Type
Rental Increases 10% increases every five years
Year Built 2016
Building Size 3,000 sq. ft.
Lot Size 0.909 Acres (39,596 SF)
Status Sold
Lead Broker Information Michael T. Yuras, CCIM
Executive Director
415.481.0788
michael.yuras@cushwake.com
CA RE License #01823291

Investment Highlights

LONG TERM ABSOLUTE NNN GROUND LEASE/FEE SIMPLE
OWNERSHIP OF LAND
» Brand New 20-year NNN ground lease with 10% rental increases in primary term
and options
» Fixed rental increases offers hedge against inflation
» No landlord obligations to maintain the land or building offering an investor a
ïhands off’ investment making it ideal for passive or out-of-state investors

NEW CONSTRUCTION/LATEST EL POLLO LOCO PROTOTYPE
» Building was built by Tenant at Tenant’s expense demonstrating their long-term
commitment to the location
» Latest El Pollo Loco prototype Hacienda design
» The store features a dedicated drive-thru providing additional convenience to
customers

INFILL DALLAS/FT. WORTH MSA LOCATION
» Located just one block north of Airport Highway which boasts a traffic count over
205,000 AADT
» Dense infill locations with a population of over 17,000 and 234,000 within a onemile
and five-mile radius respectively
» Benefits from close proximity to Texas Health Harris Hospital, the Gene A. Buinger
Career & Technical Academy and several schools and retailers
» The Dallas/Ft. Worth MSA is the 4th largest metropolitan area in the United States

Click Here to Download Offering Memorandum


Property Description

SOLD

The subject property is located on Central Drive just off of Airport Freeway, which boasts an annual average daily traffic count of 205,000 vehicles near the site. Nationally recognized companies, such as Sonic Drive-In, 24 Hour Fitness, and Chili’s, are directly adjacent to the property. Across the street from the property is a shopping center featuring national retailers Kid to Kid, Applebee’s, MetroPCS, Starbucks, and McDonald’s. The property benefits from being surrounded by a number of hotels, apartments, school campuses, and the Texas Health Hospital’s 30-acre campus, all of which provide a strong customer base for this El Pollo Loco location.

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