+44 20 3608 1267
Shop with yield of 5,2%, Los Angeles, USA

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Shop with yield of 5,2%, Los Angeles, USA

2,700,000 $
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Total area: 980 m² Yield: 5.2%
  • Absolute return: 126,350 €
  • Land area: 2,491 m²
  • Percentage of the rented area: 100%
  • End of lease: 2025
  • Street retail

It is a general goods store for sale.

Description 

Lettable area is 980 m²

Property is leased out to a single tenant.

Financial performance

Absolute income is 140,400 $.

The current yield of 5,2%.

Tenants

The tenant is Family Dollar — one of the biggest shop chains of America. In 2015 company was acquired by Dollar Tree, Inc., North America's leading operator of $1 price-point items, which combined now boast over 13,600 stores nationwide, with a market capitalization of $15.5 Billion.

The lease agreement is signed for 10 years and valid until 2025.

This is a corporate guarantee triple net lease with minimal landlord responsibilities.

Location

Property is located in area with extended infrastructure. This is the only store with fixed price within 3 km radius.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Los Angeles
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