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Views: 51 Updated: 12.05.23 Posted: 07.27.23 Status: Inactive

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 18.11
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...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

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...


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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
*ESRI data is presented for informational purposes only

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

Listing Broker

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