Investment Opportunity – Long-Term NNN Leased Freestanding Building Venice Blvd & Arapahoe St | Pico Union / West Adams, Los Angeles, CA Corporate-Backed Lease | Harbor Freight Tools USA Property Overview A rare, long-term investment opportunity featuring a fully renovated freestanding retail/warehouse asset on Venice Boulevard in the heart of Los Angeles’ high-density Pico Union/West Adams corridor. Backed by a new 15-year absolute triple net (NNN) lease with Harbor Freight Tools USA—a national credit tenant with strong performance—this property offers a stable, passive income stream with contractual rental escalations and minimal landlord responsibilities. Situated just one parcel west of a signalized intersection, the site benefits from significant street visibility and approximately 65,000 vehicles per day. The ±19,000 square foot building sits on a secure lot with gated rear parking and multiple access points, including alley and Arapahoe Street ingress/egress. Recent capital improvements include dock-high loading, modern infrastructure, and interior renovations, positioning this asset as a turnkey investment in one of LA’s most dynamic growth corridors. Key Highlights • Credit-Leased Investment o 15-year absolute NNN lease to Harbor Freight Tools USA o Corporate-guaranteed with three (3) five-year renewal options o Contractual 10% rent increases every five years • Fully Renovated Building o ±19,000 SF freestanding structure with flexible warehouse/retail use o Dock-high loading for efficient logistics o Modernized systems and capital improvements throughout o Gated rear parking with secure access and ample maneuverability • Strategic Urban Location o Prime infill site on Venice Blvd with exposure to ~65,000 VPD o Located near the signalized intersection of Venice & Hoover o Strong east-west connectivity via Venice Blvd; easy access to 10 Freeway o Just west of Downtown LA in a rapidly evolving redevelopment zone • Proximity to Major Tenants & Institutions o 1.5 miles from the University of Southern California (USC) o Surrounded by strong retail anchors including CVS, McDonald’s, AutoZone, Ross, and Superior Grocers Investment Rationale This asset combines the security of a long-term corporate-guaranteed lease with a high-visibility, high-traffic urban location—making it a strong candidate for investors seeking stable income and appreciation potential in a dynamic Los Angeles submarket. With limited inventory of quality single-tenant assets in core infill locations, this is a strategic, long-hold opportunity in one of the city’s fastest-growing corridors.