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Investment Highlights

  • Target Corporation (S&P: A) Lease | Investment Grade Credit | Over 9 Years Remaining
  • Trophy Los Angeles Real Estate | Dense Infill Trade Area | High Barriers to Entry | Proximity to I-405
  • High-Performing Small-Format Target | Exceptional Visits/SF | Near Loyola Marymount University | Residential Development
  • NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Immediately North of LAX (73.7M+ Annual Passengers) | Major Global Economic & Transportation Hub
  • Exceptional Demographics | Dense Population & Employment Base

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased Target investment property located in Los Angeles, California. The approximately 25,400-square-foot property is leased to Target Corporation (S&P: A), one of the nation’s largest retailers, with the initial lease term extending through January 2036. The lease features a 10% rental increase in February 2031, increasing annual rent from $935,990 to $1,029,716, followed by four extension options with additional 10% increases at the beginning of each option period. The tenant is responsible for taxes, utilities, day-to-day maintenance, the roof covering and other operating expenses, providing investors with a passive investment backed by the corporate Target lease signature. This offering represents a rare opportunity to acquire a credit single tenant, trophy asset within infill area characterized by extremely high barriers for new development.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,400 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1999/2020
Price
$25,973,439 CAD
Price Per SF
$1,022.58 CAD
Cap Rate
5%
NOI
$1,298,658 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
1.63 AC
Zoning
[Q]C2-2D-CDO - Community Commercial
Parking
150 Spaces (5.91 Spaces per 1,000 SF Leased)
Frontage
230’ on S Sepulveda Blvd

Amenities

  • Dedicated Turn Lane
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Target Corporation began in Minnesota in 1902 and later adopted the Target name in 2000. The company operates a general merchandise retail business centered on curated multi-category assortments, everyday essentials, fashionable merchandise, and discounted prices, with purchases available through stores and digital channels. Target also supports shopping through fulfillment services, the Target Circle loyalty ecosystem, Drive Up, Order Pickup, a mobile app, and a product mix that spans food, beverage, apparel, home, furniture, household essentials, electronics, and other general merchandise. The company maintains a broad U.S. market presence and ties its business model to community giving, store-based fulfillment, and a shopping experience built around convenience and value.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Ralphs
Bank of America
U.S. Bank
Chase Bank
Citi
Trader Joe's
CrossFit
Flame Broiler
IHOP

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 4123-001-031
  • 4123-001-025
  • 4123-001-022
  • 4123-001-024
  • 4123-001-021
  • 4123-001-023
Land Assessment
$8,540,123 CAD
Improvements Assessment
$4,599,101 CAD
Total Assessment
$13,139,224 CAD
  • Listing ID: 41905355

  • Date on Market: 2026-08-27

  • Last Updated:

  • Address: 8900 S Sepulveda Blvd, Los Angeles, CA 90045

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