11610 Imperial Hwy., Norwalk, CA 90650

This multi-tenant retail property is located on Imperial Highway in Norwalk, California. The property is occupied by Vans and Albert’s Mexican Food. Vans operates under a corporate lease executed by VF Outdoor, LLC, the principal operating subsidiary of VF Corporation (NYSE: VFC). Albert’s Mexican Food has been a local establishment since 2009. Both tenants are currently on short-term leases with no remaining options, presenting opportunities to enhance cash flow and increase the weighted average lease term. Albert’s Mexican Food is paying rent below market rates for comparable drive-thru QSR assets. The Vans lease allows an investor to negotiate a long-term extension or recapture the space to re-tenant at market rates. Structured as a Triple Net (NNN) asset, the tenants are responsible for property taxes, insurance, common area maintenance (CAM), and HVAC. The property benefits from a location at the signalized intersection of Imperial Highway and Jersey Avenue and proximity to the on/off ramps for Interstates 5, 605, and 105. It also features large pole and monument signage. The property is positioned in a dense area of Los Angeles County, with over 223,000 residents, nearly 100,000 daytime employees, and an average household income exceeding $116,000 within a three-mile radius. The area is undergoing redevelopment, including over 600 new residential units planned or underway through projects like the Keystone Lanes redevelopment, Primestor’s “The Walk” mixed-use district, and the Alondra Maidstone project. The property size is 5,800 square feet.