Vons | Long Beach, CA

 

  • Rare, Brand New Corporately Guaranteed 20 Year Absolute NNN Lease with Zero Landlord Responsibilities
  • National Credit Regional Brand Name Grocery Store – One of the Highest Performing Grocers in Southern California with 325+ Locations
  • Generates High, Above Average Sales Volume Proving to be the Go-To Grocery Store Within the Affluent Long Beach East Village and Downtown Areas
  • Fixed 1.5% Annual Increases Throughout the First 4 Years of the Initial Term, 7.5% Increases Starting at Year 11 and Every 5 Years Following
  • Strong Historical Operating History – Vons Has Been at this Location for 50+ Years with the Current Building Completely Redeveloped in 2010
  • Located in One of the Highest Barriers to Entry and the Most Booming Residential Development Markets in All of Los Angeles County
  • High Traffic Location at the Signalized Corner of Atlantic Avenue and E Broadway, One of the Busiest Intersections in Downtown Long Beach
  • Population of Over 388,850 Residents Within a 5-Mile Radius