23820 Avalon Blvd Carson, CA 90745-5541

This exceptional net lease investment opportunity presents two premier tenants, Starbucks and Quick Quack Car Wash, situated on a 1.43-acre lot (approximately 62,358 square feet) at 23820 Avalon Blvd, Carson, CA 90745, within the densely populated Los Angeles MSA. The property boasts a combined Net Operating Income (NOI) of $660,000 in year one, with significant future growth potential. Both tenants are credit-rated, providing strong financial stability. The lease structure is a triple-net (NNN) lease, minimizing landlord responsibilities. Quick Quack Car Wash operates under a 20-year absolute NNN ground lease with a commencement date of January 31, 2024, and rent commencing July 25, 2024. Starbucks operates under a NNN fee simple lease (landlord responsible for roof and structure), with a 10-year lease term from the rent commencement date (projected Q4 2024). Both leases include rent increases of 10% every five years, along with multiple five-year renewal options. The asking price for this 100% occupied retail property is $12,568,490, representing a compelling 5.25% cap rate. This presents a rare opportunity to acquire a high-performing, long-term, passive income-generating asset in a prime Los Angeles location. The property's strategic location and strong tenant mix ensure a stable and appreciating investment.