Avenue, a two-parcel, institutional-quality net-lease investment located at a signalized hard corner of
S Vermont Avenue and Colden Avenue in the heart of South Los Angeles. The property encompasses
a large ±25,542-square-foot corner lot improved with a modern ±13,171-square-foot retail building,
offering exceptional visibility, strong ingress/egress, and ample on-site parking along one of South
LA’s primary north–south corridors
The asset is anchored by Family Dollar, a nationally recognized, value-oriented retailer operating
under the Dollar Tree, Inc. platform, providing investors with corporate-backed NNN income and
limited landlord responsibilities (roof and structure only). Additional income is generated by an on-site
AT&T equipment room lease, enhancing cash-flow stability. The offering delivers a compelling 5.58%
going-in cap rate, attractive pricing metrics, and the benefit of an assumable ~4% loan, positioning the
investment favorably in today’s capital markets environment.
Strategically located within the influence of the Vermont/Manchester revitalization node, the property
benefits from powerful neighborhood and regional demand drivers , including the transformative
Evermont mixed-use development and ongoing transit investment. High daily traffic counts along S
Vermont Avenue support strong store performance and long-term tenant viability, while Inglewood’s
continued growth further elevates the broader South LA trade area.
Beyond its stable current income, 9510–9530 S Vermont Avenue offers meaningful long-term land
optionality. With C2 zoning and proximity to transit, the site may support future mix ed-use or residential
redevelopment concepts under programs such as TOC or ED1, subject to verification. This combination
of durable cash flow today and residual upside tomorrow mak es the offering a rare opportunity to
acquire a core, infill Los Angeles net-lease asset with both income security and future fle xibility.