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Urban-High Street

Louis Vuitton

9555 Wilshire Blvd, Beverly Hills, CA 90212

Listing Price: $15,260,000

Cap Rate
2.83%
Tenant Name
Louis Vuitton
Years Remaining On Lease
13.4
Guarantor
Corporate Guarantee
Rentable SF
3,200
Lease Type
Absolute Net
Rent Per Square Feet
$135.06

Investment Overview

Marcus & Millichap is pleased to offer for sale a retail building leased by LVMH Moët Hennessy Louis Vuitton North America, used for Louis Vuitton’s flagship store operations, located within the “Golden Triangle” in Beverly Hills, California. This property represents a rare opportunity to own a building leased by an international luxury brand with exceptional credit, in a luxury market with high barriers to entry. The building is strategically located just steps from the Louis Vuitton Rodeo Drive flagship store, located near the intersection of Rodeo Drive and Wilshire Boulevard, where NNN rents range as high as $200 per square foot. The property is a key component of the store’s logistical and operational success, and LVMH has an in-place long-term lease term with annual rent increases.

Investment Highlights

  • Exceptional visibility: average traffic counts of 52,000 daily trips at the intersection of Wilshire and South El Camino Drive
  • Credit Rating (S&P) A+
  • Asset is within the famed "Golden Triangle" near the intersection of RODEO DRIVE and Wilshire Boulevard in BEVERLY HILLS, CALIFORNIA
  • PREMIER TENANT: LVMH, Louis Vuitton's parent company, generated $54 billion in 2020 revenue and $5.7 billion in net profit during the Covid-19 pandemic
  • SUPERIOR DEMOGRAPHICS: Average HH income of $180,321; five-mile daytime population of 874,156

Exclusively Listed By

Broker of Record

  • Adam Christofferson

    Senior Vice President/Division Manager

    (818) 212-2700

    License(s) CA: 01240999

    California

Listing Price: $15,260,000

Cap Rate
2.83%
Tenant Name
Louis Vuitton
Years Remaining On Lease
13.4
Guarantor
Corporate Guarantee
Rentable SF
3,200
Lease Type
Absolute Net
Rent Per Square Feet
$135.06

Investment Highlights

  • Exceptional visibility: average traffic counts of 52,000 daily trips at the intersection of Wilshire and South El Camino Drive
  • Credit Rating (S&P) A+
  • Asset is within the famed "Golden Triangle" near the intersection of RODEO DRIVE and Wilshire Boulevard in BEVERLY HILLS, CALIFORNIA
  • PREMIER TENANT: LVMH, Louis Vuitton's parent company, generated $54 billion in 2020 revenue and $5.7 billion in net profit during the Covid-19 pandemic
  • SUPERIOR DEMOGRAPHICS: Average HH income of $180,321; five-mile daytime population of 874,156

Investment Overview

Marcus & Millichap is pleased to offer for sale a retail building leased by LVMH Moët Hennessy Louis Vuitton North America, used for Louis Vuitton’s flagship store operations, located within the “Golden Triangle” in Beverly Hills, California. This property represents a rare opportunity to own a building leased by an international luxury brand with exceptional credit, in a luxury market with high barriers to entry. The building is strategically located just steps from the Louis Vuitton Rodeo Drive flagship store, located near the intersection of Rodeo Drive and Wilshire Boulevard, where NNN rents range as high as $200 per square foot. The property is a key component of the store’s logistical and operational success, and LVMH has an in-place long-term lease term with annual rent increases.

Exclusively Listed By

Broker of Record

  • Adam Christofferson

    Senior Vice President/Division Manager

    (818) 212-2700

    License(s): CA: 01240999

    California

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