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February 27, 2021
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PROPERTY SPOTLIGHT
To learn how to include your property listing, please call us at (310) 836-8238 or email allenw@rentv.com
PLEASE CONTACT BROKER FOR CURRENT STATUS
OF ANY PROPERTY LISTING BELOW

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Property availability/details may have changed since RENTV posting date.


RENO, NV: Flagship Goodwill Store
2/25/21
Brand new location at Smithridge Center, on 15-year, single-tenant net-lease. Offered at $9.725 mil, at 5.75% cap rate year one.

LOS ANGELES, CA: DTLA Prime Development Site
2/25/21
Site at 433 S. Main St is fully entitled for 195 100% market-rate res units. Site available for sale or long-term ground lease.

SAN JOSE, CA: Investment-Grade 7-Eleven Store in Silicon Valley
2/24/21
New 12-year corporate net lease to 7-Eleven with scheduled rental escalations . Listed for $2.987 mil, at 3.85% Cap Rate.

AUSTIN, TX: Net-Leased Whataburger
2/24/21
Corporate guarantee with 15-year absolute NNN lease plus rent increases. Offered at $4.27 mil at a 3.7% cap rate.

TORRANCE, CA: Torrance Crossroads Retail Center
2/24/21
Torrance Crossroads is a ±45,654 SF center anchored by HomeGoods (NYSE: TJX) and credit co-tenants including Chipotle (NYSE: CMG), IHOP, Jersey Mike’s Subs and regional tenants with cult followings such as Gyu-Kau and Chicken Maison. It is listed for $25.655 mil.

VALLEJO, CA: A Mattress Firm Net-Leased Building
2/23/21
Recently renewed long-term net lease for 10 years. Billboard location with incredible visibility to I-80 Freeway. 22-year operating history at site with very strong sales. Offered at $4.258 mil.

MONDAY MIX: Current Offerings from CBRE's National Retail Partners - West Team
2/22/21
Seven recent retail listings from the West Coast.

REDONDO BEACH, CA: Fully Entitled Two-Unit Restaurant Development Site
2/18/21
Proposed project includes 5k sf indoor space, 4k sf of patio space and 20 parking stalls, at 1032 South Pacific Coast Hwy.

ANAHEIM HILLS, CA: 205k sf Home Depot Store
2/18/21
Located at 1095 N. Pullman St, property sits on 784.3k sf of land Corporate NNN Lease with The Home Depot – The Home Depot is the dominant home improvement retailer with 2,285 stores across the United States, Canada and Mexico supplying tools, construction products, and services. Listed for $53.935 mil.

ORANGE, CA: 45.7k sf Best Buy Store in Orange County
2/11/21
The store is located at 2375 N. Tustin St on 247.7k sf of land. National Credit Tenancy – Best Buy (NYSE: BBY) reports revenue of $44 bil, across 1,231 stores producing a market capitalization of $31 bil and an S&P Rating of BBB-

SAN ANTONIO, TX: 162.5k sf San Pedro Plaza Office Property
2/10/21
Built in 1985, the property is in San Antonio's most desirable office market and is is 51% leased. It offers 631 total parking spaces.

LOMITA, CA: New STNL 7-Eleven Development
2/09/21
New construction with 15-year lease at 2301 Pacific Coast Highway. Listed for $5.858 mil at a 3.75% cap rate.

TUCSON, AZ: Safeway-Anchored Neighborhood Center
2/04/21
High Performing Grocery Anchored Center – 93% leased, 77.7k sf Safeway-anchored shopping center providing a “daily needs” draw and cross shopping traffic to Silverado Plaza. Listed at $8.11 mil.

SAN BERNARDINO, CA: Net-Leased Raising Cane's Restaurant
2/04/21
The lease is an absolute triple net lease with zero landlord responsibilities. Significant lease term remaining with options – There are over 11 years of initial term remaining plus three (3), five (5) year options and one (1), four (4) year option to renew.

WESTWOOD (L.A.), CA: NNN Jack in the Box at 4.31% Cap Rate
2/27/21
Absolute corporate NNN-leased property with 15.5 years remaining. 2k sf building on 7.9k sf lot on Santa Monica Blvd. Listed at $7.4 mil.

COLLEGE STATION, TX: Freestanding Dutch Bros. Coffee
1/26/21
Brand new NNN 15-year lease to Dutch Bros with corporate guaranty.
Highly functional 2020 construction featuring drive-thru component. On the market at $2.444 mil.

SAN JOSE, CA: Freestanding Taco Bell
1/25/21
Long-term 20-year NNN lease to Taco Bell. Highly profitable location with sustainable rent to sales ratio. Listed at $4.478 mil.

MORENO VALLEY, CA: Tractor Supply Store
1/20/21
Brand new long term net lease to Tractor Supply. National tenant with $1.88 billion net worth. Offered at $8 mil.

MILFORD, OH: Starbucks-Anchored Shops Building
1/12/21
100% leased Starbucks-anchored retail with “Internet-resistant” tenant mix. All tenants signed 10-year NNN leases and have scheduled rental escalations. Listed for $3.595 mil.



 


 


 
 
 



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