Sprouts Farmers Market - New 15-Year Lease
DIRECTLY OFF OF 60 FREEWAY WITH 225K AADT
Investment highlights
15‑YEAR NN LEASE | ROOF & STRUCTURE LANDLORD RESPONSIBILITY
Recently Commenced Lease with 15 Years Remaining. Minimal Landlord Responsibilities with Roof + Structure Long- Term Warranties Included on Brand New Roof & HVAC System.
10% RENT BUMPS EVERY 5 YEARS | THREE 5‑YEAR OPTIONS
Contractual Growth That Provides Market‑Based Upside Every Five Years; Tenant Has Option To Extend Through Three Additional 5‑Year Periods.
FULLY RENOVATED / RE‑BUILT PROPERTY | MODERN BIG‑BOX FOOTPRINT (23,737 SF ON 1.93 ACRE PAD)
Originally Built in 1970, With Full Renovation In 2025; Positioned To Accommodate Sprouts’ Modern Prototype Footprint In A Strong Format Size.
PREMIER SOUTHERN CALIFORNIA RETAIL NODE | POSITIONED IN A DENSE COMMUNITY TRADE AREA
Located At 2060 S. Hacienda Blvd., Hacienda Heights (Los Angeles County) — A High Visibility Location Within A Major Retail Corridor With Strong Consumer Demographics.
PUBLICLY TRADED, CREDIT‑BACKED TENANT | SPROUTS FARMERS MARKET (NASDAQ: SFM)
Tenant Is A Public Company With Robust Financial Performance: 2024 Net Sales Of ~$7.72 B (~13% Growth) And Over 478 Stores Across 24 States.
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