Shopping Strip
Shoe Palace (Downtown LA)
2324 E Cesar E Chavez Ave, Los Angeles, CA 90033
Listing Price: $2,600,000
Investment Overview
Situated near Cesar E. Chavez Avenue (±22,800 vehicles per day)
and North Soto Street (±32,400 vehicles per day), with connectivity
to I-5, I-10, and CA-60 freeways, providing access to over 0.5 million
vehicles daily.
Shoe Palace (Downtown LA)
Investment Highlights
- Significant annual increases The lease allows for 4% annual rental increases, ensuring consistent growth in cash flow throughout the term and option period.
- Strong tenant credit The tenant, Shoe Palace Corporation, operates approximately 160 stores across the U.S. and is a subsidiary of JD Sports, a multinational sportswear and footwear retailer with worl
- High Traffic, Established Retail Location The property is located on Cesar E. Chavez Avenue, a major retail corridor in East Los Angeles, drawing over 2.1 million visitors annually (Placer AI).
Exclusively Listed By
Listing Price: $2,600,000
Investment Highlights
- Significant annual increases The lease allows for 4% annual rental increases, ensuring consistent growth in cash flow throughout the term and option period.
- Strong tenant credit The tenant, Shoe Palace Corporation, operates approximately 160 stores across the U.S. and is a subsidiary of JD Sports, a multinational sportswear and footwear retailer with worl
- High Traffic, Established Retail Location The property is located on Cesar E. Chavez Avenue, a major retail corridor in East Los Angeles, drawing over 2.1 million visitors annually (Placer AI).
Investment Overview
Situated near Cesar E. Chavez Avenue (±22,800 vehicles per day) and North Soto Street (±32,400 vehicles per day), with connectivity to I-5, I-10, and CA-60 freeways, providing access to over 0.5 million vehicles daily.
Exclusively Listed By
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