$115,000+ Average Household Income within 1-Mile Radius
RARE SINGLE TENANT TRADER JOE'S
TROPHY ACQUISITION WITH BEST IN CLASS TENANCY & AWARD-WINNING ARCHITECTURE
Offered at $5,216,000 | 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Located within the affluent Northeast Heights neighborhood with $115,000+ average household incomes
- #1 highest grossing sales/SF grocer in the U.S., implying a low unit level 1.0% occupancy cost
- 12 year occupancy history with recently exercised renewal option
- Coveted Paseo Del Norte Blvd signalized corner parcel
ALFREDO BARRENECHEA
Broker of Record
LIC # 19300 (NM)
PEGASUS INVESTMENTS REAL ESTATE ADVISORY, INC. | LIC # 01961545 (CA)
Copyright © 2018, All rights reserved.
1901 Avenue of the Stars, Suite 630 | Los Angeles, CA 90067 | 310.691.1350
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