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Grocery Store

Amazon (NASDAQ: AMZN) Go Convenience Store | Los Angeles | Investment Grade Tenant

14249 Whittier Blvd, Los Angeles, CA 90605

Listing Price: $6,421,333

Cap Rate
4.50%
Tenant Name
Amazon Go
Years Remaining On Lease
9.9
Gross SF
5,600
Guarantor
Corporate Guarantee
Rentable SF
5,600
Price/Gross SF
$1,146.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$51.60

Investment Overview

Whittier is a city in Southern California in Los Angeles County, part of the Gateway Cities. The Gateway Cities Region, or Southeast Los Angeles County (also shortened to Southeast Los Angeles and Southeast LA) is an urbanized region located in southeastern Los Angeles County, California, between the City of Los Angeles proper, Orange County, and the Pacific Ocean. The cluster of cities has been termed "Gateway Cities" in that they serve as a "gateway" between the LA and Orange counties, with the city of Cerritos equidistant from downtown LA, Long Beach, and the center of Orange County. As such, the area is central to the Los Angeles-Long Beach-Anaheim, CA Metropolitan Statistical Area (MSA), and has a population of approximately 2,000,000 residents. Despite a predominating urban fabric of single-family homes and low-rise multifamily residential structures, Southeast LA County comprises some of the most densely populated municipalities in the United States. As with other regions of Los Angeles, Southeast LA's demographics are notable for ethnic and age diversity.

Investment Highlights

  • Rare Opportunity to Acquire an Amazon Go Convenience Store Location - New 10 Year Lease Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Positioned Along Area's Major Retail & Traffic Corridor. Features Easy Access and Excellent Visibility at a Signalized Hard Corner with Combined Daily Traffic Counts Exceeding 44k Vehicles.
  • The Store Concept is a Revolutionary Model that Relies on the Prevalence of Smartphones and Geofencing Technology to Streamline the Customer Experience, as well as Supply Chain & Inventory Management.
  • Most Valuable Company in the U.S. - Investment Grade Credit Tenant: S&P "AA" Rating - The Company is Ranked #3 on Fortune Global 500 List & #10 on Forbes Global 2000 List, with an Annual Revenue of more than $386B, Total Net Worth of $93.4B and Total Assets of more than $321B.
  • Surrounded by Numerous National Retailers including Grocery Outlet, Target, CVS Pharmacy, ALDI, Ralph's, Trader Joe's, Harbor Freight, Office Depot, Sprouts, Smart & Final Extra!, LA Fitness and many more.
  • Minutes from Whittier College (2,000+ Students) and near Numerous other Schools including California High School (2,805+ Students), La Serna High School (2,530+ Students), Frontier High School (520+ Students) and many more.
  • Densely Populated and Affluent Area: Features an Average Household Income of $117k+ within a 1-Mile Radius and more than 438k People Residing within a 5-Mile Radius.
  • Walking Distance from Quad At Whittier - a Large Retail Complex offering Clothing Stores, Specialty Shops, Grocery Stores, Casual & Quick Service Restaurants and a Medical Office. In Close Proximity to PIH Health Whittier Hospital - a 523-Bed Hospital & Medical Center serving Residents of Los Angeles County, Orange County and the San Gabriel Valley Region.

Exclusively Listed By

Financing By

Grocery Store

Amazon (NASDAQ: AMZN) Go Convenience Store | Los Angeles | Investment Grade Tenant

Listing Price: $6,421,333

Cap Rate
4.50%
Tenant Name
Amazon Go
Years Remaining On Lease
9.9
Gross SF
5,600
Guarantor
Corporate Guarantee
Rentable SF
5,600
Price/Gross SF
$1,146.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$51.60

Investment Highlights

  • Rare Opportunity to Acquire an Amazon Go Convenience Store Location - New 10 Year Lease Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Positioned Along Area's Major Retail & Traffic Corridor. Features Easy Access and Excellent Visibility at a Signalized Hard Corner with Combined Daily Traffic Counts Exceeding 44k Vehicles.
  • The Store Concept is a Revolutionary Model that Relies on the Prevalence of Smartphones and Geofencing Technology to Streamline the Customer Experience, as well as Supply Chain & Inventory Management.
  • Most Valuable Company in the U.S. - Investment Grade Credit Tenant: S&P "AA" Rating - The Company is Ranked #3 on Fortune Global 500 List & #10 on Forbes Global 2000 List, with an Annual Revenue of more than $386B, Total Net Worth of $93.4B and Total Assets of more than $321B.
  • Surrounded by Numerous National Retailers including Grocery Outlet, Target, CVS Pharmacy, ALDI, Ralph's, Trader Joe's, Harbor Freight, Office Depot, Sprouts, Smart & Final Extra!, LA Fitness and many more.
  • Minutes from Whittier College (2,000+ Students) and near Numerous other Schools including California High School (2,805+ Students), La Serna High School (2,530+ Students), Frontier High School (520+ Students) and many more.
  • Densely Populated and Affluent Area: Features an Average Household Income of $117k+ within a 1-Mile Radius and more than 438k People Residing within a 5-Mile Radius.
  • Walking Distance from Quad At Whittier - a Large Retail Complex offering Clothing Stores, Specialty Shops, Grocery Stores, Casual & Quick Service Restaurants and a Medical Office. In Close Proximity to PIH Health Whittier Hospital - a 523-Bed Hospital & Medical Center serving Residents of Los Angeles County, Orange County and the San Gabriel Valley Region.

Investment Overview

Whittier is a city in Southern California in Los Angeles County, part of the Gateway Cities. The Gateway Cities Region, or Southeast Los Angeles County (also shortened to Southeast Los Angeles and Southeast LA) is an urbanized region located in southeastern Los Angeles County, California, between the City of Los Angeles proper, Orange County, and the Pacific Ocean. The cluster of cities has been termed "Gateway Cities" in that they serve as a "gateway" between the LA and Orange counties, with the city of Cerritos equidistant from downtown LA, Long Beach, and the center of Orange County. As such, the area is central to the Los Angeles-Long Beach-Anaheim, CA Metropolitan Statistical Area (MSA), and has a population of approximately 2,000,000 residents. Despite a predominating urban fabric of single-family homes and low-rise multifamily residential structures, Southeast LA County comprises some of the most densely populated municipalities in the United States. As with other regions of Los Angeles, Southeast LA's demographics are notable for ethnic and age diversity.

Exclusively Listed By

Financing By

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