PROVEN TENANT RETENTION & SITE COMMITMENT

The majority (86%) of the tenants have been at this location since the building’s redevelopment in 2016, establishing proven success and long-term commitment to this site.

 

EXCEPTIONAL RENT AND CASH FLOW GROWTH

The increases built into the leases (3% annual increases, and 10% increases every 5years) provide the Landlord with exceptional growth in cash flow over the hold period. 

 

PRIDE OF OWNERSHIP ASSET/ NEW 2016 BUILD

Built in 2016, this pride of ownership asset benefits from state-of-the-art modern design, and new construction which lends to durability, and less capital expenditures in the foreseeable future.   

 

GREAT VISIBILITY AND TRAFFIC COUNTS

Boasting over 159’ of frontage on Mooney Blvd (28,000 CPD), the building benefits from visibility and the synergy provided by the surrounding retailers.

 

DENSE, SOLID CALIFORNIA DEMOGRAPHICS

• Over 15,000 people within a 1-mile radius and average household incomes exceeding$80,000.

• Over 86,000 people within a 3-mile radius and average household income exceeding$85,000.

• Over 131,000 people within a 5-mile radius and average household income exceeding$91,000.