Grocery Store
TARGET | Generational Opportunity - Los Angeles Trophy Location | New Long Term Lease
5731 Bickett Street, Los Angeles, CA 90255
Listing Price: $48,734,022
Investment Overview
Encompassing Ventura, San Bernardino, Riverside, Los Angeles, and Orange counties, Greater Los Angeles is considered one of the top megacities in the world and features a population of over 18.8 million residents. The region is home to several colleges and universities, including the University of Southern California and University of California, Los Angeles, two of the largest in the state, and the Claremont Colleges and California Institute of Technology, two of the most academically renowned. Other notable universities in the area include Azusa Pacific University, Chapman University, and Pepperdine University.
TARGET | Generational Opportunity - Los Angeles Trophy Location | New Long Term Lease
Investment Highlights
- Los Angeles Trophy Location - Generational Opportunity - Long Term NNN Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options.
- Brand New High Quality Construction w/ 15 Year Roof Warranty. Features a CVS Pharmacy. Target is Investing Approx. $14M into the Site in Addition to Current Ownership Investment Totals for Buildout.
- Positioned Along Area's Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility. Signalized Hard Corner Location w/ Daily Combined Traffic Counts Exceeding 24k Vehicles.
- Target (NYSE: TGT) Features an Investment Grade Credit Rating of "A" by S&P's with an Annual Revenue Exceeding $100.3 Billion. Currently Ranked #30 on the Fortune 500 List with more than 1,897 Locations.
- The Home Depot, Located Across the Street, is in the Top 1% of Most Visited Home Depot Stores featuring over 2 Million Annual Visitors per Placer.ai.
- Extremely Dense Los Angeles Submarket with over 1M People Residing in a 5-mile Radius. By 2025, the Population is Expected to Increase by 2.75% to an Estimated 19.4M People.
- In Close Proximity to Interstate 710, 110, and Near other High-Traffic Highways providing Easy Connectivity to the Entire Metro Los Angeles Region. Across from Huntington Park High School - Providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
- Across all Industries & Sectors, the Greater Los Angeles Region is Responsible for more than $1 Trillion in Economic Output Annually - 3rd Largest Metro Economy in the World.
Exclusively Listed By
Financing By
Grocery Store
TARGET | Generational Opportunity - Los Angeles Trophy Location | New Long Term Lease
Listing Price: $48,734,022
Investment Highlights
- Los Angeles Trophy Location - Generational Opportunity - Long Term NNN Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options.
- Brand New High Quality Construction w/ 15 Year Roof Warranty. Features a CVS Pharmacy. Target is Investing Approx. $14M into the Site in Addition to Current Ownership Investment Totals for Buildout.
- Positioned Along Area's Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility. Signalized Hard Corner Location w/ Daily Combined Traffic Counts Exceeding 24k Vehicles.
- Target (NYSE: TGT) Features an Investment Grade Credit Rating of "A" by S&P's with an Annual Revenue Exceeding $100.3 Billion. Currently Ranked #30 on the Fortune 500 List with more than 1,897 Locations.
- The Home Depot, Located Across the Street, is in the Top 1% of Most Visited Home Depot Stores featuring over 2 Million Annual Visitors per Placer.ai.
- Extremely Dense Los Angeles Submarket with over 1M People Residing in a 5-mile Radius. By 2025, the Population is Expected to Increase by 2.75% to an Estimated 19.4M People.
- In Close Proximity to Interstate 710, 110, and Near other High-Traffic Highways providing Easy Connectivity to the Entire Metro Los Angeles Region. Across from Huntington Park High School - Providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
- Across all Industries & Sectors, the Greater Los Angeles Region is Responsible for more than $1 Trillion in Economic Output Annually - 3rd Largest Metro Economy in the World.
Investment Overview
Encompassing Ventura, San Bernardino, Riverside, Los Angeles, and Orange counties, Greater Los Angeles is considered one of the top megacities in the world and features a population of over 18.8 million residents. The region is home to several colleges and universities, including the University of Southern California and University of California, Los Angeles, two of the largest in the state, and the Claremont Colleges and California Institute of Technology, two of the most academically renowned. Other notable universities in the area include Azusa Pacific University, Chapman University, and Pepperdine University.
Exclusively Listed By
Financing By
