JLL Capital Markets Closes $3.3M Sale Of Retail Building Leased To El Pollo Loco In San Rafael

JLL Capital Markets has closed a $3.3 million sale of a retail building in San Rafael, California. The property is located at 910 Andersen Drive and has a total area of 2,626 square feet. It is a rare find in Marin County as it includes a drive-thru and is leased to El Pollo Loco. The lease has 13 years remaining and the property benefits from its strategic proximity to Highway 101. Additionally, the surrounding area boasts an affluent customer base, with an average household income of $200,000 within a five-mile radius.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,300,000
• Address: 910 Andersen Drive, San Rafael, California
• Market: San Rafael

Eric Kathrein and Warren McClean from JLL were the brokers involved in this transaction. JLL Capital Markets played a key role in facilitating the sale, connecting the buyer and seller for a successful deal.