7-ELEVEN + SHOPS AT SLAUSON & WESTERN

  • Anchored by 7-Eleven
  • Six-tenant NNN strip center
  • 100% occupied synergistic food & service tenants
  • Stable in place income/long term occupants
  • ±70,000 vehicles per day signalized intersection
  • Across from Home Depot anchored Chesterfield Square

$6.45M

Asking PRICE

100%

OCCUPANCY

Kidder Mathews as exclusive agent to Owner is pleased to present for sale 1752-1754 W Slauson Avenue, Los Angeles, CA. The offering represents an ideal "daily needs urban neighborhood strip center" in a core Los Angeles market. The ±8,919 SF building/± 22,681 SF site (0.52 Acres) is situated at the bustling SEC of the signalized intersection of W Slauson Ave & S Western Ave (±70,000 VPD).

Anchored by 7-Eleven (recent 10-year lease extension), the property is 100% leased to a synergistic mix of six (6) quick service restaurant/service tenants including national/regional brands such as Metro by T-Mobile, Wingstop, Ace Cash Express and Little Caesars Pizza. Several tenants have executed recent renewal options demonstrating their commitment to the center. In addition, 5 out of 6 tenants have over 10 years of successful historical occupancy at the property.

A brand-new roof was installed December 2023 (20-year assignable labor & materials warranty) and the parking lot asphalt was recently resurfaced in September 2021. In totality, the property offers an investor the opportunity to acquire a well maintained “internet resistant daily needs/food” based strip center with stable in place income and scheduled rental growth.

ADDRESS 1752-1754 W Slauson Ave, Los Angeles, CA 90047
SALE PRICE $6,450,000
STATIC IN PLACE NOI1 $391,063 | 6.06%
OCCUPANCY 100%
NUMBER OF SUITES Six (6)
BUILDING SIZE ±8,919 SF2
LAND SIZE ±22,681 SF (0.52 Acres)3
OWNERSHIP Fee Simple (Land & Building)
DEBT Delivered free & clear of existing debt
TRAFFIC COUNTS ±70,000 VPD (Slauson Ave & Western Ave)
YEAR BUILT 1992
APN 6002-001-001
FRONTAGE ±160 Feet (Slauson Ave)
±138 Feet (Western Ave)
PARKING 35 Parking Stalls (4.10 Stalls / 1,000 SF)
ACCESS One (1) Ingress/Egress (Slauson Ave)
One (1) Ingress/Egress (Western Ave)
ZONING LAM2

1Static In Place NOI DOES NOT include a Vacancy Factor.
2Building SF is based on square footages reflected in tenant lease documents (Buyer to Verify).
3Land SF is based on public record (Buyer to Verify).

Due Diligence

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