Plaza At Puente Hills

Retail | For Sale | $70,000,000 | 177,933 sqft

Best Offer
• Stable high quality asset currently 97% leased to an established, synergistic mix of tenants
• Shadow anchored by Home Depot, America’s #1 home improvement store, creating a strong draw to the Property
• Majority of the tenants have annual rental increases that will increase the NOI by nearly $1,689,000 (51%) over a projected 10-year hold period
• Property is situated on multiple parcels, offering the possibility of selling off in pieces
• Assumable, below market, interest only financing
• Situated along the busy 60 (Pomona) Freeway (approximately 211,000 cars per day)
• Nearly 2,000 feet of frontage on the north and south sides of E. Gale Avenue, with additional frontage on the 60 (Pomona) Freeway, one of the three primary east/west freeways connecting Los Angeles to the Inland Empire
• The Property is in the core of a vibrant retail trade area that includes national tenants such as: Sears, Macy’s, Home Depot, Target, Sam’s Club, Costco, Lowe’s, AMC Theaters, Ross, Office Depot, Forever 21, Burlington Coat Factory, 24 Hour Fitness, and many more!

Listing URL: http://cbrenb.listinglab.com/puentehills

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