Family Dollar NNN Corporate Guaranteed Lease 9510 S Vermont Ave 13,500 SF Retail Building Los Angeles, CA 90044 $5,399,413 CAD ($399.96 CAD/SF) 5.58% Cap Rate

Luigy Alvarez and Floyd Shaheen at Floyd Group of Marcus & Millichap are pleased to present exclusively for sale 9510–9530 S Vermont Avenue, a two-parcel, institutional-quality net-lease investment located at a signalized hard corner of S Vermont Avenue and Colden Avenue in the heart of South Los Angeles. The property encompasses a large ±25,542-square-foot corner lot improved with a modern ±13,171-square-foot retail building, offering exceptional visibility, strong ingress/egress, and ample on-site parking along one of South LA’s primary north–south corridors
The asset is anchored by Family Dollar, a nationally recognized, value-oriented retailer operating under the Dollar Tree, Inc. platform, providing investors with corporate-backed NNN income and limited landlord responsibilities (roof and structure only). Additional income is generated by an on-site AT&T equipment room lease, enhancing cash-flow stability. The offering delivers a compelling 5.58% going-in cap rate, attractive pricing metrics, and the benefit of an assumable ~4% loan, positioning the investment favorably in today’s capital markets environment. Strategically located within the influence of the Vermont/Manchester revitalization node, the property benefits from powerful neighborhood and regional demand drivers , including the transformative Evermont mixed-use development and ongoing transit investment. High daily traffic counts along S Vermont Avenue support strong store performance and long-term tenant viability, while Inglewood’s continued growth further elevates the broader South LA trade area.
Beyond its stable current income, 9510–9530 S Vermont Avenue offers meaningful long-term land optionality. With C2 zoning and proximity to transit, the site may support future mix ed-use or residential redevelopment concepts under programs such as TOC or ED1, subject to verification. This combination of durable cash flow today and residual upside tomorrow makes the offering a rare opportunity to acquire a core, infill Los Angeles net-lease asset with both income security and future flexibility.
Family Dollar is a well-established discount retailer offering everyday essentials at low prices in convenient neighborhood locations. Known for catering to value conscious shoppers, the chain provides a broad assortment of consumables, household goods, apparel, and seasonal merchandise—most priced under $10. The store format is designed for ease of access and efficient shopping, targeting underserved markets where affordability and convenience are paramount. Founded in 1959, Family Dollar has developed strong brand equity in secondary and tertiary markets across the U.S. In 2025, Family Dollar was acquired by private equity firms Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co. for approximately $1 billion. The new ownership is focused on revitalizing the brand through operational improvements and store rationalization efforts following years of underperformance under Dollar Tree’s management.