9137 S Western Ave
Los Angeles, CA 90047

Marcus & Millichap is proud to exclusively market for sale a brand-new construction Dollar Tree in a high-density, transforming corridor of Los Angeles. This Dollar Tree represents a rare opportunity to enjoy passive ownership (zero landlord responsibilities, corporate-guaranteed lease of national tenant with $25.9 billion market cap on NYSE) adjacent to multi-billion-dollar projects. (Two Metro Rail Lines, New NFL Stadium, New NBA Sports Arena) With over 14,000 stores generating $20.72 billion in annual revenue, Dollar Tree is a national credit tenant with a BB+ credit rating by Standard & Poor’s. There are 8.5 years remaining on this corporate backed lease. The lease features a 5 percent increase in year six and at each of two five-year options. Furthermore, this is an outstanding site for Dollar Tree for years to come, with no sites nearby eligible to build a corporate discount store, allowing the store to monopolize the audience of 24,415 cars passing this block of Western Avenue daily. Dense urban infill properties are rare in the STNL (Single Tenant Net Lease) market in Southern California. This Dollar Tree, listed at a 5.14 percent cap, commands an attention-grabbing presence in a section of South Los Angeles that is rapidly changing. The LAX/Crenshaw Metro Line connecting Inglewood to LAX and Downtown Los Angeles is scheduled to be completed in 2019. The Green Line running along the 105 will connect to the LAX/Crenshaw Line in 2024. Both will give rise to many high-density mixed-use developments. More blue collar and middle class families will recognize this neighborhood’s intrinsic central location. This Dollar Tree is surrounded by a region of world-class business activity beginning with the Beach Cities and Aerospace Industry, continuing to Culver City, which has become as much a blue-chip hub with Amazon, Apple, and Sony as Santa Monica, and finishing at Bunker Hill’s financial district.