For Sale
$6,365,000

130 Duarte RdArcadia, CA 91006

High-yield Dollar Tree investment. Prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 21,000-square-foot Dollar Tree store located at 130 E Duarte Rd, Arcadia, CA 91006. The property boasts a strong 4.50% cap rate and a substantial net operating income (NOI) of $286,444. Situated on a 1.31-acre lot at a hard-corner, signalized intersection with over 32,900 vehicles per day, this location benefits from high visibility and accessibility. The absolute NNN lease with Dollar Tree (a Fortune 500 company) has a remaining term of 7.2 years, commencing January 5, 2020, and expiring January 31, 2032. Rent increases of 8% every 5 years provide inflation-resistant cash flow. The property is currently undergoing renovations and enjoys 100% occupancy. Its strategic location is proximate to Santa Anita Park and The Shops at Santa Anita, a 1.5 million-square-foot super-regional mall, and surrounded by numerous national retailers. The surrounding area has a high population density and average household income of approximately $131,457 within a 5-mile radius. This is a rare opportunity to acquire a high-quality, credit-rated, net lease investment in the desirable San Gabriel Valley. The below-market rent of $13.64 per square foot presents low downside risk.

Highlights

  • New retail space, currently being renovated.
  • NNN investment opportunity in the desirable San Gabriel Valley.
  • Investment-grade tenant with a BB+ Standard & Poor's rating.
  • NNN lease with over eight years remaining on the primary term.
  • Below-market rent of $13.64 PSF, minimizing downside risk.
  • Rent increases 8% every five years, providing inflation protection.

Property Details for 130 Duarte Rd

Property type
Retail properties, Retail space
Square Feet
21,000 SF
Lot Size (sq. ft)
57,064 SF

Location Insight

City
Arcadia
County
Los Angeles
State
California
Latitude
34.1298535
Longitude
-118.0263451
130 Duarte Rd, Arcadia, California

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130 Duarte Rd
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