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Sprouts – Newly Constructed Property 2060 S Hacienda Blvd 23,737 SF Retail Building Hacienda Heights, CA 91745 $26,672,349 CAD ($1,123.66 CAD/SF) 5% Cap Rate
Investment Highlights
- 15-YEAR NN LEASE | ROOF & STRUCTURE LANDLORD RESPONSIBILITY
- FULLY RENOVATED / RE-BUILT PROPERTY | MODERN BIG-BOX FOOTPRINT (23,737 SF ON 1.93 ACRE PAD)
- PUBLICLY TRADED, CREDIT-BACKED TENANT | SPROUTS FARMERS MARKET (NASDAQ: SFM)
- 10% RENT BUMPS EVERY 5 YEARS | THREE 5-YEAR OPTIONS
- PREMIER SOUTHERN CALIFORNIA RETAIL NODE | POSITIONED IN A DENSE COMMUNITY TRADE AREA
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
23,737 SF
Building Class
C
Year Built
1970
Price
$26,672,349 CAD
Price Per SF
$1,123.66 CAD
Cap Rate
5%
NOI
$1,333,616 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.93 AC
Zoning
C3BE, Los Angeles - Commercial
Parking
103 Spaces (4.34 Spaces per 1,000 SF Leased)
Frontage
274’ on Hacienda Blvd
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Sprouts
- -
- -
- -
- Double Net
- Nov 2040
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Sprouts | - | - | - | Double Net | Nov 2040 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8204-001-018 | Improvements Assessment | $3,219,953 CAD |
| Land Assessment | $5,092,020 CAD | Total Assessment | $8,311,973 CAD |
Property Taxes
Parcel Number
8204-001-018
Land Assessment
$5,092,020 CAD
Improvements Assessment
$3,219,953 CAD
Total Assessment
$8,311,973 CAD
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Sprouts – Newly Constructed Property | 2060 S Hacienda Blvd
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