15,000 SQFT Retail Building + 12,441 SQFT Parking Lot FOR SALE Whittier Blvd East Los Angeles, CA 90022

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1 15,000 SQFT Retail Building + 12,441 SQFT Parking Lot FOR SALE Whittier Blvd East Los Angeles, CA Jordan Wheeler O: (310) M: (310) jwheeler@fredleedsproperties.com DRE # Benjamin Oved O: (310) M: (310) benjaminoved@fredleedsproperties.com DRE # Crenshaw Blvd Suite 201 Los Angeles, CA fredleedsproperties.com

2 Whittier Blvd East Los Angeles, CA The subject project consists of a 15,000 sf retail property and a separate 12,441 sf parking lot. It is a one story strip retail property located at the southeast signalized corner of Whittier Blvd & Ferris Avenue. Whittier & Ferris lies on East LA s most prime retail streets: Whittier Blvd from Atlantic Blvd to Arizona Ave. The property is zoned C-3 (Unlimited Commercial) which gives it potential for a mixed-used development. This property sits a few blocks from three major freeways: Pomona (60), Long Beach (710) and Golden State (I-5). The retail building consists of 3 spaces, 2 of them occupied by medical tenants: FPA Women s Health and Western Dental, giving it a potential value-add opportunity. All three stores have a frontage of 120 feet along Whittier Blvd, offering excellent exposure. East Los Angeles has been one of the most stable communities of the greater Los Angeles area over the past 50 to 75 years. It is one of the most densely populated metropolitan areas in Los Angeles County: over 45,000 people reside within a one mile radius of the subject property. Population growth created economic expansion, and after years of neglect, the area has been seeing a revival for the past few years. Business and residents are now seeking space in the area. Improving economics and healthy consumer spending will ensure a better retail environment, and will increase the demand for retail properties in the East Los Angeles area in the future. Investment Highlights Price: $4,914,300 15,000 SqFt Retail Building + 12,441 SF Lot 30,441 combined Lot Square Foot 5.5% Pro Forma CAP Rate 120 Feet of Frontage along Whittier Blvd Located in East LA s most prime Retail Streets: Whittier Blvd from Atlantic to Arizona Two large at grade parking lots Two strong medical tenants on 10 year leases expiring 2027 Roof & HVAC replaced in 2017 Signalized Intersection in prime East Los Angeles Zoned C-3 (Unlimited Commercial), potential for Mixed-Use Development Value-Add Opportunity

3 Property Aerial C-3 (Unlimited Commercial) Mixed-Use Developments

4 Plat Map

5 Whittier Boulevard Prominent cultural street 22,203 (2016) Average daily auto traffic on Whittier Blvd. High population density over 45,000 within 1 mile Blocks away from three freeways: Pomona (60), Long Beach (710) and Golden State (I-5) 4 miles east of Downtown LA

6 Site Plan Parking Lots: 1 2

7 Neighboring Retailers Boost Mobile 2. SUBWAY 3. Nike 4. Footaction 5. 7-Eleven WHITTIER AVAILABLE 7. Dollar Tree 8. Baskin-Robbins 9. MetroPCS 10. Jack In The Box 11. Warehouse Shoe Sale 12. CVS 13. SKECHERS 14. Pizza Hut 15. O Reilly Auto Parts 16. Bank of America 17. United States Postal Service 18. U-Haul 19. Chase Bank 20. Starbucks 21. Foot Locker 22. Rite Aid 23. Target

8 Proforma Income Statement

9 Comparables

10 Contact for Details Jordan Wheeler O: (310) M: (310) DRE # Benjamin Oved O: (310) M: (310) benjaminoved@fredleedsproperties.com DRE # Crenshaw Blvd Suite 201 Los Angeles, CA fredleedsproperties.com Fred Leeds Asset Group Inc. Broker Lic Fred Leeds Asset Group Inc. ALL RIGHTS RESERVED. All information has been obtained from sources believed reliable. Information has not been verified for accuracy. All opinions and estimates are subject to uncertainty. It is the responsibility for the buyer and broker to verify all information, and to conduct a thorough investigation. Any reliance on this information is at the buyer s risk.

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