Investment Highlights

NEW 15-YEAR ABSOLUTE NNN LEASE WITH SCHEDULED RENTAL INCREASES TO STRONG QSR TENANT
» 15-year absolute NNN lease to strong QSR tenant (NASDAQ: “LOCO”)
» Strong guaranty and operator with 50+ locations nationwide
» 10% rental increases in primary term and options, providing a hedge against inflation
» No landlord obligations to maintain the land or building, offering a ‘hands off’ investment, ideal for passive or out-of-area investors
» For the third quarter ended September 29th, 2021, total revenue for El Pollo Loco increased 4.3 percent to $115.7 million compared to $111 million in the third quarter of 2020
» 2022 construction with a drive-thru and patio seating for customer convenience

SIGNALIZED HARD CORNER LOCATION IN DENSELY POPULATED AND AFFLUENT AREA
» Signalized hard corner location at the intersection of Peoria Street and Albrook Drive (64,100 AADT)
» Located near the confluence of several highly trafficked Colorado thoroughfares, including Interstate 70 and Interstate 225 (combined 380,531 AADT)
» 266,641 residents within a five-mile radius of the property
» Average household income of $100,846 within a three-mile radius of the site
» Projected 16 percent average annual household income increase within one mile of the site in the next five years, poising El Pollo Loco and Denver for concurrent growth

CENTRAL LOCATION NEAR LARGE TRAFFIC DRIVERS
» 1.5 miles from Rocky Mountain Arsenal National Wildlife Refuge (300,000 annual visitors, 15,988 acres)
» One mile from Lincoln College of Technology (1,303 students)
» Surrounded by major national retailers including Walmart Supercenter, Target, Bass Pro Shops, Sam’s Club, and many others
» Located near many high-density single family housing developments
» 10 miles from Downtown Denver, the capital and most populous city in Colorado (715,522 population)

Property Description

SOLD

The property is strategically located at the signalized hard-corner intersection of Peoria Street and Albrook Drive (64,100 AADT). The site is also located near the confluence of several highly trafficked Colorado thoroughfares, including Interstate 70 and Interstate 225 (combined 380,531 AADT). The surrounding area is densely populated and affluent, with 266,641 residents living within a five-mile radius and an average annual household income over $100,846 within three miles of the property. With a projected 16 percent average annual household income increase within one mile of the site over the next five years, El Pollo Loco and Denver are poised for concurrent growth.

The subject property is centrally located near large retailers and community hubs. The site is 1.5 miles from Rocky Mountain Arsenal National Wildlife Refuge (300,000 annual visitors, 15,988 acres) and one mile from Lincoln College of Technology (1,303 students). The location is surrounded by major national retailers including Walmart Supercenter, Target, Bass Pro Shops, Sam’s Club, and many others. The property is located near many high-density single family housing developments and 10 miles from Downtown Denver, the capital and most populous city in Colorado (715,522 population).