15427 Amar Rd, La Puente, CA 91744

Grocery Anchored Shopping Center – Smart & Final operates approximately 255 locations in the Western U.S. In 2021, Smart & Final was acquired by publicly traded Mexican grocery operator Grupo Commercial Chedraui, the parent company of Hispanic grocer El Super.

Strong Performing Smart & Final – Per Placer.ai, the subject property’s Smart & Final location received approximately 539,000 visitors over the trailing 12-month period. This location ranks in the 61st percentile company-wide in customer visits (out of 251 locations tracked).

Low Risk Profile Investment – Smart & Final and Jiffy Lube comprise approximately 72% of the in-place rental revenue stream.

Majority of NOI Comprised of Grocer, Medical, and Auto Tenancy – Approximately 81% of the in-place rental revenue stream is comprised of grocery, medical, and automotive uses.

Jiffy Lube Pad Included – The collateral features a freestanding Jiffy Lube pad, providing multiple exit strategies for an investor and the opportunity to parcelize and spin-off the pad at an aggressive capitalization rate.

Seasoned Tenant Base – Approximately 89% of the in-place rental revenue stream has been in occupancy on/before 2015; demonstrating the long-term viability of the property’s location and tenant base.

Diverse Ecommerce-Resistant Tenant Base – The property benefits from a diverse and ecommerce-resistant tenant mix that includes grocery, quick serve restaurant, automotive service, mobile/cellular, medical, and dental uses.

Affluent Residential Community – The surrounding area has average household incomes of approximately $97,863 and $106,429 within a one and three-mile radius of the property, respectively.

Dense Residential Submarket – The immediate trade area surrounding La Puente Pavilion has approximately 28,780 residents and 189,368 residents within a one and three-mile radius, respectively.

Freeway-Proximate Location Along a Primary Arterial – The property benefits from expo- sure to traffic counts of approximately 60,355 vehicles along Hacienda Blvd. and Amar Rd. In addition, the property is strategically positioned approximately two mile north of the 60 Freeway, which receives average daily traffic counts of approximately 245,000 vehicles (Hacienda Blvd. interchange).

Diverse Population Base – Approximately 71% of residents within a three-mile radius of the property are of Hispanic origin. According to the Initiative for a Competitive Inner City (ICIC), the Hispanic market has the strongest purchasing power within urban locations, exceeding average U.S. household spending by approximately 20%.