5710 Crenshaw Blvd
NNN Leased Dollar Tree
Crenshaw / Slauson
Marcus & Millichap is pleased to offer for sale 5710 Crenshaw Boulevard. This is a Single-Tenant Retail property with a frontage of 116 feet on Crenshaw
Boulevard. The property is attractively located near W. Slauson Ave, another one of the busiest and well trafficked routes in the area in addition to Crenshaw
Boulevard. The property’s close proximity to a number of schools also attracts a crowd of consumers and businesses to the area. It is across from View Park
Preparatory Accelerated Charter High School, close to a couple of Banks and near the Crenshaw Plaza Center.
This 9,060 SF building is well-maintained and sits on 19,002 SF of land. It also comes with 20 surface parking spaces, a nice capacity to support a high vehicle volume. Accessibility to parking is both from 57th Street and Crenshaw. The current tenant is Dollar Tree with a lease that expires on July 2022, and with a renewal option of two additional periods of five years each.
The area where the property is situated provides attractive appreciation potential for the owner as it is undergoing major redevelopment and is also positioned on the Crenshaw Corridor right near the brand new under-construction light rail line that will run through southwest LA, connecting Crenshaw neighborhood, Leimert Park, Inglewood, and LAX.
The property offers attractive cash flow from the tenant and is ideal for a NNN investor.
Building Size: 9,060 SF
Lot Size: 19,002 SF (0.44 ACRES)
Number of Units: 1
Year Built: 1941
Net Leased Opportunity
Booming Crenshaw Corridor
Metro Light Rail Line Runs Through Southwest LA Connecting Crenshaw, Leimert Park, Inglewood, and LAX.