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Smart & Final

5770 Lindero Canyon Rd, Westlake Village, CA 91362

Price:
$22,525,000
CAP Rate:
N/A
Net Rentable Area:
50,242 SF
Lot Size:
4.62 Acres
Status:
SOLD

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

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

info@nnndeal.com

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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