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
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
