À louer
À vendre

Langue et région
Devise

E-mail*

Veuillez saisir une adresse e-mail valide.

Pour envoyer ce bien à plusieurs personnes, insérez un point-virgule entre l’adresse e-mail de chaque destinataire.

Message

942 caractères restants

Hum, une erreur s’est produite lors de l’envoi de votre message. Veuillez réessayer.

Votre e-mail a été envoyé.

2701-2711 E Olympic Blvd Local commercial 2 065 m² À vendre Los Angeles, CA 90023 10 076 530 € (4 880,22 €/m²) Taux de capitalisation 6,28 %

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Certaines informations ont été traduites automatiquement.

Informations principales sur l'investissement

Corporate lease to Eurostar, Inc. (dba WSS), 100% company operated store fleet
Significant Tenant Capital Inv.: Tenant’s recent investment in property upgrades highlights the strategic importance of the location to its operations
Large ±1.37-acre (±59,730 SF) infill corner parcel with a ±22,225 SF building and 71 surface parking stalls — rare for central LA retail

Investment-grade credit support. Owned by DICK’S Sporting Goods (NYSE: DKS), rated BBB (S&P) / Baa2 (Moody’s)
Over a decade of operating history at this location and recent extension to 2030
Significant development upside: Opportunity Zone, TOC Tier 3, ED1-eligible, Qualified Census Tract

Résumé analytique

Colliers is pleased to present the opportunity to acquire 2711 E. Olympic Blvd, a well-located single-tenant retail asset in Los Angeles, immediately adjacent to the Arts District and other Downtown Los Angeles neighborhoods. The Property consists of a freestanding ±22,225-square-foot retail building situated on a signalized corner ±1.37-acre parcel, offering both durable in-place income and long-term covered-land optionality.
The Property is leased to WSS, operated by Eurostar, Inc., a California corporation. WSS is a value-oriented footwear and apparel retailer with a store model well suited to dense, urban infill trade areas. Importantly, WSS operates a 100% company-owned store fleet, making this a corporate lease rather than a franchise lease. Eurostar/WSS was acquired by Foot Locker in 2021, and Foot Locker was subsequently acquired by DICK’S Sporting Goods, positioning WSS within the portfolio of a publicly traded, investment-grade retail platform (S&P BBB / Moody’s Baa2).
The tenant’s lease runs through January 31, 2030, with three (3) five-year options to extend, offering potential tenancy through 2045. The option periods include rent increases of approximately 9%, 10%, and 10%, respectively, providing contractual rent growth throughout the renewal periods.
Under the modified gross lease structure, the landlord is responsible for real estate taxes and property insurance.
The Property is further supported by its location within an Opportunity Zone and Qualified Census Tract, as well as its TOC Tier 3 designation and ED1 eligibility. These attributes provide meaningful long-term redevelopment optionality for residential or mixed-use development in a supply-constrained Los Angeles submarket.
With 71 on-site parking stalls, strong access, and a dense surrounding population base, the Property offers investors stable in-place income today with substantial optionality over the long term.