CIRE Partners is pleased to exclusively present for sale a 10-year Absolute NNN sale-leaseback of Kalaveras Restaurant & Bar at 383 W 5th St, San Pedro, CA 90731. The approximately 2,848 SF single-tenant retail building is offered at $2,400,000 (7.50% cap, $180,000 NOI). The new 10-year lease is executed at close of escrow, with the tenant responsible for all expenses including roof, structure, HVAC, taxes, insurance, repairs and maintenance. 2.5% annual rental increases run through the initial term, with 10% increases at each option. The property sits on 5th Street in downtown San Pedro, four blocks from the Port of Los Angeles waterfront, in a trade area of more than 209,000 residents within five miles.