EL POLLO LOCO | $3,525,000 | 3.50% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale El Pollo Loco a single-tenant property located at 1519 West Chapman Avenue, Orange CA 92868.
The subject property is comprised of 2,100 square feet, built in 1990 and will undergo a complete remodel in 2022. The tenant has operated at this location for over 30+ years, at the close of escrow a new 20-year lease will commence. El Pollo Loco is located just off West Chapman Avenue which oversees ±30,500 Vehicles Per Day. The property is surrounded by national tenants and one block away from two schools: Portola Middle School (±664 Students) and Sycamore Elementary (±423 Students).
El Pollo Loco (NASDAQ: LOCO) is the nation’s leading fire-grilled chicken restaurant chain renowned for its masterfully citrus-marinated, fire grilled chicken and handcrafted entrees using fresh ingredients inspired by Mexican recipes. With 475 company owned and franchised restaurants in the Southwestern United States, El Pollo Loco is expanding its presence in key markets through a combination of company and existing and new franchisee development.