Sands Investment Group is pleased to present this Smart & Final NNN Lease located in Azusa, California.
- Long-Term NNN Lease – Commenced 11/2017 with 15 Years of Initial Term and 4-5 Year Options Following with Increases throughout Initial Term and Options
- Corporate Lease with Smart and Final Inc, (NYSE: SFS) Founded in 1914 in Los Angeles with 323+ Stores Throughout California, Oregon, Washington, Arizona, Nevada and Idaho and Over $4.3B in Annual Sales
- Smart & Final is One of the Most Rapidly Expanding Banners Amongst Grocery Retailers with 14 New Stores in 2017 and a 5.3% Increase in Sales from Prior Year
- Directly Off E Foothill Blvd (35,000+ VPD) at Signalized Corner of N Dalton Ave
- High Barriers to Entry Market – Surrounded by 310,000 Residents Within 5-Miles with Little Room for New Retail Development Minimizing Grocer Competition
- Located 2 Blocks West of Azusa Pacific University – Consists of 10,000 Students and 3 Blocks from Citrus College with Enrollment of 12,600 Students
Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities