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La Puente Pavilion | 15423-15441 Amar Rd
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La Puente Pavilion 15423-15441 Amar Rd
33,893 SF 100% Leased Retail Building La Puente, CA 91744 £10,442,183 (£308/SF) 6% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Grocery Anchored Shopping Center – Smart & Final operates approximately 255 locations in the Western U.S.
- Smart & Final and Jiffy Lube comprise approximately 72% of the in-place rental revenue stream.
- Diverse & ecommerce-resistant tenant mix that includes grocery, quick serve restaurant, automotive service, mobile/cellular, medical, and dental uses.
- Per Placer.ai, the subject property’s Smart & Final ranks in the 79th percentile in annual customer visits in a 15-mile radius.
- Approximately 89% of the in-place rental revenue stream has been in occupancy on/before 2015.
- Average household incomes of approximately $97,863 and $106,429 within a one and three-mile radius of the property, respectively.
EXECUTIVE SUMMARY
La Puente Pavilion is a 36,173 square foot grocery-anchored neighborhood shopping center located in the affluent and supply-constrained Los Angeles community of La Puente, CA. The property is situated on the signalized intersection of Hacienda Blvd. and Amar Rd. Anchored by a 25,713 square foot Smart & Final grocer, La Puente Pavilion boasts a 79% national and regional tenant base. In addition, the subject property features a freestanding Jiffy Lube pad and Verizon as complimentary national tenancy.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
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Gross Rental Income |
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Other Income |
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Vacancy Loss |
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Effective Gross Income |
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Net Operating Income |
$99,999
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$9.99
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FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
Gross Rental Income | |
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Annual | - |
Annual Per SF | - |
Other Income | |
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Annual | - |
Annual Per SF | - |
Vacancy Loss | |
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Annual | - |
Annual Per SF | - |
Effective Gross Income | |
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Annual | - |
Annual Per SF | - |
Net Operating Income | |
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Annual | $99,999 |
Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
33,893 SF
Building Class
B
Year Built/Renovated
1955/1995
Price
£10,442,183
Price Per SF
£308
Net Initial Yield
6%
NOI
£626,463
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.28
Lot Size
2.74 AC
Zoning
R106
Frontage
273 ft on Amar Rd
AMENITIES
- Bus Route
- Pylon Sign
- Signage
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £340,000 (2024) | |
Land Assessment | £2,604,570 (2024) | Total Assessment | £2,944,570 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£2,604,570 (2024)
Improvements Assessment
£340,000 (2024)
Total Assessment
£2,944,570 (2024)
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Presented by
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La Puente Pavilion | 15423-15441 Amar Rd
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