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NNN Dollar Tree in North Hollywood, CA 6639 Laurel Canyon Blvd 12,000 SF Retail Building North Hollywood, CA 91606 $5,980,695 CAD ($498.39 CAD/SF) 4.50% Cap Rate



INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASE: Passive ownership with zero landlord responsibilities, providing a stable “hands off” investment
- BELOW MARKET RENT: Offers future upside for development opportunity should the tenant ever vacate
- DENSELY POPULATED LOS ANGELES SUBURB: North Hollywood is a highly populated San Fernando Valley area, with over 300k residents within 3-miles
- PROVEN LOCATION & LIMITED COMPETITION: Long standing dollar store location ensures strong customer loyalty
- INVESTMENT-GRADE TENANCY: Strong corporate guaranty, backed by Dollar Tree, Inc. (S&P: BBB), a leading national retailer with over 8,800 stores
- SMART & FINAL-ANCHORED SHOPPING CENTER: Strategically positioned within a busy retail center that benefits from cross-shopping and high daily traffic
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Retailer
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2322-004-071 | Improvements Assessment | $1,268,928 CAD |
| Land Assessment | $4,031,688 CAD | Total Assessment | $5,300,616 CAD |
PROPERTY TAXES
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NNN Dollar Tree in North Hollywood, CA | 6639 Laurel Canyon Blvd
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