OFFERING PRICE:

$16,018,000


TOTAL BUILDING AREA:
±19,064 SF
FEATURED LISTING:
VONS
3900 E. Ocean Blvd, Long Beach, CA
INVESTMENT HIGHLIGHTS
 
High Credit STNL100% leased to national credit grocery tenant, Vons (NYSE: ACI), a wholly-owned subsidiary of Albertsons, one of the leading food and drug retailers in the US operating over 2,252 locations, has a market capitalization of $9 billion and revenue of $69 billion
 
Pride of Ownership – “Trophy” investment asset with tremendous visibility along Ocean Blvd at Livingston Drive; less than 200 feet from the beach!
 
Below Market Rents – Vons is leased at rent that is estimated approximately 32% below prevailing rates
 
High Performance Tenancy – High-Performing grocer boasts sales approaching $700 PSF/YR
 
Corporate Lease – National credit tenant on a long-term, “absolute” NNN lease with 9-years left of firm term, plus one, 10-year extension, makes this an ideal investment for an investor looking to “clip coupons”
 
Affluent and Infill Demos – More than 364,000 residents in a 5-mile radius with an Average Household Income approaching $100,000

 

 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST
PHILIP D. VOORHEES
+1 949 725 8521
Lic. 01252096
[email protected]
 
MEGAN WOOD
+1 949 725 8423
Lic. 01516027
[email protected]

 
ERIC SHAIN
+1 949 809 3758
Lic. 02050566
[email protected]
 


THIS IS A MARKETING COMMUNICATION

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