Foothill Plaza Retail FOR SALE
La Verne, CA |
949-271-1170
Foothill Plaza
La Verne, CA
HIGHLIGHTS
- Strong Performing Grocer Anchor - This Sprouts ranks in the 82nd percentile company-wide in customer visits psf (per Placer.ai).
- Daiso Co-Anchor with Significant Year-Over-Year Traffic Growth
- Prominent Freeway Frontage and Visibility - Approx. 375 feet of linear frontage and freeway visible tenant signage along the California 210 Freeway.
- Established Sprouts Grocer on Long-Term Lease - Sprouts has lease term through March 2032 with three five-year options.
- Secure Income Stream with National and Regional Tenancy - Approx. 89% of the occupied square footage is comprised of national and regional tenants.
- Long-Term National and Regional Credit Tenancy - Weighted average lease term remaining of approximately 6.8 years.
OVERVIEW
Anchored by a 30,046 square foot Sprouts Farmers Market, Foothill Plaza is a 64,564 square foot grocery-anchored neighborhood shopping center located in the affluent and supply-constrained San Gabriel Valley community of La Verne, CA. The property is situated on the signalized intersection of Foothill Blvd. (Route 66) and Wheeler Ave, and is positioned directly along the 210 Freeway.
Foothill Plaza features an 89% national and regional tenant base. Additional national and regional tenants within the collateral include Daiso, FedEx Office, Bank of America (freestanding pad), HOTWORX, and Water Wings Swim School.
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949-271-1170
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949-271-1170
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