764 E. Los Angeles ave
Retail | 4.64% CAP | 1,250 SqFt
Marketing description
This ±1,250 SF freestanding building on a fully paved ±13,939 SF lot offers investors a rare opportunity to acquire a true NNN lease with zero landlord responsibilities in one of Ventura County's most reliable retail corridors. Leased to Enterprise Rent-A-Car—the largest rental car operator in the United States with $35+ billion in revenue and 9,500 global locations—through December 31, 2030, the property delivers passive income backed by a credit tenant in a high barrier-to-entry automotive-zoned location. Situated in an affluent, commuter-driven market with prime visibility along E Los Angeles Ave, the site benefits from strong local demographics including a $118K median household income, 70%+ homeownership rate, and car-dependent demand patterns that support long-term tenant performance and stability.
Investment highlights
Property Leased to Enterprise Rent-A-Car on 5-
Year NNN lease (expires 12/31/2030)
Largest rental car operator in United States
$35+ billion revenue
9,500 global locations
90,000 employees
Landlord is responsible for roof, structure and
utilities to point of entry
Investment offers passive income with a credit
tenant in a high barrier-to-entry automotive zoned property
Prime visibility in one of Ventura County’s most reliable retail corridors
KEY DEMOGRAPHICS:
Median Income: $118K
Median Age: 42
Average Commute Time:
30 Min
Homeownership: 70%+
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