Avalon & Sepulveda Net Lease Portfolio FOR SALE


Carson, CA
$11,000,000 USD
310-796-6229
, Carson, CA for Sale
$11,000,000 USD
FOR SALE
1/11
null | 6% Cap Rate

Avalon & Sepulveda Net Lease Portfolio
Carson, CA


HIGHLIGHTS

  • Starbucks (10 Yr Lease) & Quick Quack (20 Yr Lease)
  • Dense Los Angeles MSA
  • Signalized Intersection with ±44,000 Vehicles per day
  • New Construction

OVERVIEW

This rare Net lease Portfolio features Starbucks & Quick Quack Car Wash. Large 1.43 Acre site Signalized Intersection NEC of Avalon & Sepulveda Boulevard ±44,000 VPD New long term leases *must be purchased together STARBUCKS: $4,750,000 (5.58% CAP) QUICK QUACK: $6,250,000 (6.32% CAP) TOTAL PORTFOLIO: $11,000,000 (6.00% CAP) NOI (YEAR 1) $660,000 INCREASES / OPTIONS Starbucks – 10% Increases / 5 Yrs | Four (4) Five (5) Yr Options Quick Quack – 10% Increases / 5 Yrs | Two (2) Five (5) Yr Options LEASE EXPIRATION Starbucks – Feb 28,2035 Quick Quack – Jan 31, 2044 ORIGINAL COMMENCEMENT DATE Starbucks - Grand opening was Nov 14, 2024. Quick Quack - Lease Term Commenced 1/31/24, Rent Commenced 7/25/24. LEASE TYPE Starbucks – NNN Fee Simple (LL Roof & Structure) Quick Quack – Absolute NNN Fee Simple Ground Lease (Zero LL Responsibilities) LAND AREA ±62,358 SF (1.43 AC)

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Simon MattoxKidder MathewsMore Info
310-796-6229

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Simon MattoxKidder MathewsMore Info
310-796-6229

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