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Amy's Drive-Thru
400 Moorpark Road, Thousand Oaks, CA 91360
$11,055,000
Cap Rate 4.75%
Summary
| Price $11,055,000 | Built/Renov 2023 | Tenant Amy's Drive-Thru |
| Cap Rate 4.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
4,060
| Lease Start
07-01-2023
| #Units
5
|
| Price/SF $2,722.91 | Expiration
06-30-2043
| Tenant Type Fast Food/QSR |
| NOI $525,000 | R. Term 19.6 | Ownership Fee Simple |
| Rent/SF
$129.31
| Increases 10.0%/5/yrs | Pop 5Mi 137,693 |
| Lot/AC 1.03 | Options 4/5yrs/10% | AHHI 5Mi $155,870 |
| | |
Lease Highlights
- Brand-new 2023 construction
- Brand-new long-term 20-year lease with 4 (5-year) options to extend
- Lease features 10% rental increases every 5 years
- Absolute NNN lease I Zero landlord responsibilities
- Corporate guaranteed lease
Location Description
Amy's Drive-Thru is strategically located on a hard corner at the signalized intersection of Moorpark Road and Brazil Street with access to 30,000 vehicles per day. It is an outparcel to Best Buy, Total Wine & More, and Ross Dress for Less. The subject property is across the street from Janss Marketplace with tenants including ALDI, Dave & Busters, DSW, Nordstrom Rack, Petco, Regal Cinema, and...
...Features
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New construction
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Signalized intersection
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Near major nationals
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Shopping Ctr out-parcel
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Dense 100M+ pop 5 mi
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Affluent AHHI $100K 5 Mi
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Brand new lease
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Long 20+ yr lease
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Absolute NNN
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Corporate Guarantee
...
Maps
Tenant
- Tenant: Amy’s Kitchen Restaurant Holdings LLC
- Guarantor:Corporate
- Company:Amy's Kitchen, Inc.
- # Units:5
- Stock:Private
About Tenant
Amy’s Drive-Thru is the first organic, vegetarian drive thru. The chain offers all the American classics- burgers, fries, shakes and salads, and the entire menu can also be made vegan and/or...
...
Demographics
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 12,105 | 78,216 | 133,079 |
| 2023 Total Population : | 11,692 | 77,866 | 133,782 |
| 2023 Employed Civilian Pop : | 6,034 | 38,440 | 66,284 |
| 2023 Total Businesses : | 1,342 | 4,935 | 9,434 |
| 2023 Average Household Income : | $ 113,428 | $ 153,497 | $ 176,145 |
| 2023 Total Consumer Spending : | $ 444 M | $ 3660 M | $ 7284 M |
| 2023 Median Age : | 40 | 42 | 45 |
| 2023 Total Households : | 4,620 | 28,438 | 49,548 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,317 | 16,739 | 31,460 |
| 2023 Average Home Value : | $ 875,541 | $ 912,902 | $ 1,017,032 |
Traffic
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| N Moorpark Rd | Brazil St | 2000 | 34,500 | 0.08 mi |
| E Hillcrest Dr | Boardwalk Ave | 2000 | 13,000 | 0.21 mi |
| N Moorpark Rd | E Thousand Oaks Blvd | 2006 | 31,500 | 0.27 mi |
| E Thousand Oaks Blvd | Boardwalk Ave | 2003 | 19,000 | 0.33 mi |
| W Hillcrest Dr | Conejo Blvd | 2003 | 19,000 | 0.36 mi |
| Hodencamp Rd | Wilbur Ct | 2006 | 9,000 | 0.38 mi |
| N Moorpark Rd | Ventura Fwy | 2000 | 41,500 | 0.39 mi |
| Hodencamp Rd | Flittner Cir | 2006 | 6,000 | 0.44 mi |
| US 101 | 2021 | 167,500 | 0.44 mi | |
| 101 | 2018 | 192,000 | 0.46 mi |