Seri Bryant

Associate

818.212.2655

"

The quality of your thinking determines the quality of your life. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Snyder

Senior Research Analyst

818.212.2731

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Ezra Orr

Senior Director, Digital Development

818.212.2730

"

The only person you should try to be better than is the person you were yesterday."

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Smart & Final

5770 Lindero Canyon Rd, Westlake Village, CA 91362

Price:
$23,128,120
CAP Rate:
5.00%
NOI:
$1,156,400
Net Rentable Area:
50,242 SF
Lot Size:
4.62 Acres
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Trophy real estate, located in an affluent Ventura County upscale neighborhood, surrounded by more than 26.80 acres of national retailers and big box stores
  • Long Term - 20 year true NNN lease with 15.1 years remaining on base term prior to option periods
  • Attractive rental bumps of 2% annually, including during option periods providing investors with an inflation hedge
  • Smart & Final is privately held and operates 324+ locations nationwide
  • Trophy location of an essential service provider
  • Approximately 12,500 SF of the building is sub tenanted to Dollar Tree on a 10 year NNN lease. Smart & Final remains responsible for all aspects associated with the subtenancy

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