8900 S Sepulveda Blvd
Los Angeles, CA 90045
Target | 9yrs Remain Corp NNN · Commerce de détail Propriété À vendre

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.