Enterprise NNN Asset

Enterprise (Figueroa) | Los Angeles, CA

Sands Investment Group is Pleased to Exclusively Offer For Sale the Enterprise NNN Asset Located at 4201 North Figueroa  in the Esteemed Highland Park – Los Angeles, CA. This Deal Includes a Recently Commenced 10 Year, Corporately Guaranteed (S&P A-), NNN Lease in Prime Los Angeles Market, With Annual Rent Increases Based on CPI. This is a Net Lease Property in an Extremely Dense Infill Area, With Close Proximity to Big Generators, Such as Dodger Stadium, Occidental College and Griffith Park.

The Offering:

  • Corporate Guarantee From Enterprise; A-Rated Credit Tenant; Enterprise 2023 Revenue – 35 Billion
  • Brand New 10 Year Lease in Place, With Two (2), Five (5) Year Options
  • NNN Lease; Only Landlord Responsibility is Structure and Parking Lot (No Roof)
  • Brand New Construction By Enterprise, Estimated Completion in May Showing Commitment to the Location
  • Brand New Development By Enterprise, Estimated Completion in Q2 2024

Strong Positioning and Demographics:

  • Strong Retail Run Within Close Proximity to the Property Including Jack In The Box, AutoZone Auto Parts, Subway, Rite Aid, Arco, Bank of America and More
  • Positioned on a Hard Corner With Over 21,700 Vehicles Per Day
  • Extremely Strong Demographics Including Over 910,000 Population Within 5-Miles and an Average Household Income of Approximately $95,000
  • Less Than 4-Miles Away From Dodger Stadium

In Cooperation With Sands Investment Group, Inc – Lic. #1768950

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