Shoe Palace

2324 East Cesar E. Chavez Ave, Los Angeles, CA
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Landlord Responsibilities:
Roof, Structure, Exterior Utility Lines, & Fire Sprinklers
Lease Expiration Date:
Approx. 4 years
Renewal Options:
2, 5-year options
Building Sq. Ft.:
4,496 SF
Rent Increases:
4% Annually
Site Size:
0.13 Acres

Investment Highlights

  • COMMITMENT: New 5-Year extension showing strong commitment to the location and 4% annual rental escalations, providing a strong hedge against inflation
  • LOCATION: Located near the corner of Cesar E Chavez Ave and N Soto St which has over 48,000 VPD and adjacent to Interstate 5 and 10, providing immediate access to nearly 250,000 VPD
  • CREDIT: Lease guaranteed by Shoe Palace Corporate, a wholly owned subsidiary of JD Sports, a $7b revenue company
  • DEMOGRAPHICS: Property is located in dense infill location with over 1,000,000 residences in a 5-Mile Radius

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]
John Woodcock Stream Capital Partners

John Woodcock

Vice President
503 853 6108
[email protected]

Dorothy Lee

Vice President
626 236 3823
[email protected]

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