1030 N Hacienda Blvd - Freestanding FOR SALE


La Puente, CA 91744- Valinda
$2,162,000 USD
949-350-5431
1030 N Hacienda Blvd, La Puente, CA for Sale
$2,162,000 USD
Freestanding - FOR SALE
1/6
null | 5.75% Cap Rate

1030 N Hacienda Blvd
La Puente, CA 91744
Valinda


HIGHLIGHTS

  • ±9 Years of Corporate-Guaranteed NNN Term With Fixed 3.5% Annual Increases and Two Five-Year Options Extending Potential Occupancy Through 2045
  • Property is Located Just Off of the Exits/Entrances to the 10 Freeway (218,000+ Cars Per Day) and the 60 Freeway (237,000+ Cars Per Day)
  • Shadow-Anchored by Smart & Final; Other Nearby Tenants Include Ross Dress for Less, Food 4 Less, Starbucks, and Big 5 Sporting Goods

OVERVIEW

-±9 Years of Corporate-Guaranteed NNN Term With Fixed 3.5% Annual Increases and Two Five-Year Options Extending Potential Occupancy Through 2045 -Property is Located Just Off of the Exits/Entrances to the 10 Freeway (218,000+ Cars Per Day) and the 60 Freeway (237,000+ Cars Per Day) -Shadow-Anchored by Smart & Final; Other Nearby Tenants Include Ross Dress for Less, Food 4 Less, Starbucks, and Big 5 Sporting Goods ---Corporate Guaranteed NNN Structure--- -Guaranty Provided by Work World, a Private Equity-Sponsored Specialty Workwear Platform Operating 38 Locations Across California, Nevada, and Washington, Materially Deeper Credit Than the Single-Store and Local Operators Behind Much of the Comparable Set --Work World Named a New Chief Executive in 2025, Recruited From Red Wing Shoe Company After 23 Years, Most Recently Leading Its North American Work, Hunt, and Retail Division, Signaling Institutional Discipline Behind the Guaranty --Shoeteria's In-Store Boot Fitting, B2B Industrial Accounts, and Mobile Boot Truck Program Are Service-Based and Locally Dispatched, Insulating the Use From E-Commerce Displacement ---Established Retail Corridor--- -Grocery-, Value-, and Warehouse-Anchored Neighbors Generate Weekly Needs-Based Trips Rather Than Discretionary Traffic, Supporting Consistent Customer Counts Across Retail Cycles -461,223 Residents and a $111,367 Average Household Income Within Five Miles, One of the Most Densely Populated and Fully Built-Out Submarkets in the San Gabriel Valley -The San Gabriel Valley's Construction, Warehouse, and Skilled Trade Employment Base Aligns Directly With Shoeteria's Core Customer, Tying Store Demand to Regional Industrial Activity

FOR SALE DETAILS

PRICE

$2,162,000 USD

PRICE/SF

$545 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoeteria NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,139 SF

ZONING

C2, La Puente

APN/PARCEL ID

8252-021-027

ASK ABOUT THIS PROPERTY

Ron DuongMarcus & MillichapMore Info
949-350-5431

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Ron DuongMarcus & MillichapMore Info
949-350-5431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.