La Puente Pavilion Retail FOR SALE


La Puente, CA - Valinda
$12,515,000 USD
949-478-3390
, La Puente, CA for Sale
$12,515,000 USD
Retail - FOR SALE
1/3
null | 6.25% Cap Rate

La Puente Pavilion
La Puente, CA
Valinda


HIGHLIGHTS

  • Grocery Anchored Shopping Center – Smart & Final operates approximately 255 locations in the Western U.S.
  • Per Placer.ai, the subject property’s Smart & Final location received approximately 539,000 visitors over the trailing 12-month period.
  • Smart & Final and Jiffy Lube comprise approximately 72% of the in-place rental revenue stream.
  • Approximately 89% of the in-place rental revenue stream has been in occupancy on/before 2015.
  • The surrounding area has average household incomes of approximately $97,863 and $106,429 within a one and three-mile radius of the property.
  • Approximately 81% of the in-place rental revenue stream is comprised of grocery, medical, and automotive uses.

OVERVIEW

La Puente Pavilion is a 36,173 square foot grocery-anchored neighborhood shopping center located in the affluent and supply-constrained Los Angeles community of La Puente, CA. Anchored by a 25,713 square foot Smart & Final grocer, La Puente Pavilion boasts an 79% national and regional tenant base. In addition, the subject property features a freestanding Jiffy Lube pad and Verizon as complimentary national tenancy. The property is situated on the signalized intersection of Hacienda Blvd. and Amar Rd.

ASK ABOUT THIS PROPERTY

Aaron BettencourtREZA Investment Group, Inc.More Info
949-478-3390

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Aaron BettencourtREZA Investment Group, Inc.More Info
949-478-3390

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