Cookies

5815 Maywood Ave Maywood , CA 90270-2507

Cookies - Industrial for sale

Overview


JLL Capital Markets is pleased to exclusively offer for sale an absolute net leased investment, Cookies, on a new 10 year lease with annual increases, located at 5815 Maywood Avenue, Maywood, CA. The subject asset has proven to be extremely successful in the local market, recording retail sales in excess of $10 million, annually

Investment Highlights


Over $10 million in annual retail sales
Long term NNN lease with over 9 years remaining
3 percent annual rental increases
High quality interior finish including state of the art operating facility
Strong performing tenant with established brand following
52,000 daily vehicles and strong infill density
General
Property Type Industrial
Property Subtype Distribution / Warehouse
Tenure Type Sale / Purchase
Property Address 5815 Maywood Ave, Maywood, CA 90270-2507
Land In Acres 0.94
Building Size 23,098  ft2
Financial
Price $10,000,000
Cap Rate 9.27%
Current NOI $927,000.00
Lease
Tenant's Name Cookies Maywood Farm
Lease Type NNN
Lease Expiration Date 04/30/2027
Remaining Term 8Yrs