* Irreplaceable Los Angeles Infill Location – Target represents a rare single-tenant NNN investment in one of the most supply constrained, high-demand markets in the country, driven by the South Bay’s historical economic strength, population density, and proven value retention
* Secure, Long-Term Lease – Newly executed 10-year lease (±8.5 years remaining) with four 5-year and one 4-year and 11-month options, and attractive 10% rent bumps every five years, eliminating near-term leasing responsibility and capital costs
* Demonstrated Tenant Commitment – Target invested ~$8.75 million in the buildout of this location cementing their commitment to this location
* Exceptional Visibility and Access – Positioned at the signalized hard corner of Pacific Coast Highway (±51,200 CPD) and Narbonne Ave (±14,200 CPD) with three points of ingress/egress and 154 surface parking stalls
* Significant Pacific Coast Highway Frontage – The property benefits from its clear visibility with over 425 feet of frontage along PCH
* Dense Daytime Population – A captive daytime population of 175,000 residents within a 3-mile radius, underpinned by more than 20,300 multifamily units, 12.3M SF of industrial, and more than 9M SF of retail, ensures a consistent and diverse customer base