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PURCHASE PRICE $9,275,000 |
CURRENT NOI $571,206 |
CAP RATE 6.16% |
BUILDING SIZE 15,782 SF |
LAND AREA 44,621 SF |
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INVESTMENT HIGHLIGHTS: |
- WSS & IONNA Charging Stations
National Two Tenant NNN Investment
Management Free
Total Ground Up Remodel Completed in 2024.
Significant Daytime Population, Providing a Robust Consumer Base: Population of over 280,000 people within 3 miles with an average household income of $84,944 and total employees of 159,332.
Built in 1947 and remodeled in 1991/2024
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WSS (Formerly Warehouse Shoe Sales) |
National footwear retailer with 151 stores in 5 states.
Acquired by Foot Locker in 2021. Footlocker was subsequently acquired by Dicks Sporting Goods in 2025. WSS is a wholly owned subsidiary of Dick’s Sporting Goods.
New 10-year corporate lease commenced in September of 2024.
12.5% increases every 5 years.
Recent relocation and expansion with over 20 year operating history in the City of Bell.
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IONNA |
National EV charging network founded by 8 of the biggest automakers - BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis, and Toyota.
12 EV charging stations currently under construction.
New 10-year corporate lease commenced December 2025.
Currently under contract on 4,000 bays nationwide with planned growth to 30,000 bays by 2030.
Recent announcement for the investment of $250M in California EV infrastructure.
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Advisory | Valuation | Consulting | Investment | Property Management |
NAI Capital Commercial Inc. 15821 Ventura Blvd., Suite #320, Encino, CA 91436 818.905.2400 | naicapital.com
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©NAI Capital Commercial, Inc. Content in this document may include AI generated or altered text, images and/or analysis. No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. Cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. Unedited images viewable at naicapital.com | Cal DRE Lic #02130474 |
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