Freestanding For Sale • 3,627 SF
Los Angeles Trophy Location - Generational Opportunity - 15-Year Absolute Net Lease. |
Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 Construction w/ Dual Drive-Thru. |
Positioned Along Area’s Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility. Signalized Hard Corner Location. |
In 2024, Raising Cane’s is Projected to earn more than $4.5B in Systemwide Sales, eclipse $6 Million in AUV, and finish w/ more than 850 Restaurants. |
Pad to a Brand New Construction Target - Recent Grand Opening. The Home Depot, Located Across the Street, is in the Top 2% of Most Visited Home Depot. |
Extremely Dense Los Angeles Submarket with over 1M People Residing in a 5-mile Radius. By 2025, the Population is Expected to Increase by 2.75%. |
Cap Rate: | 4.50 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Raising Cane's | 3,180 SF | 1/31/2039 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 10 min | - | 5.2 mi |
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 13 min | - | 5.8 mi |
Airport | Drive | Walk | Distance |
Los Angeles International | 24 min | - | 13.4 mi |
Long Beach (Daugherty Field) | 26 min | - | 16.8 mi |
Bob Hope | 30 min | - | 21.3 mi |