Avon - 515 Shatto_Property for Sale
Avon - 515 Shatto_Property for Sale
515 Shatto Pl, Los Angeles, CA, 90020-1741, US

Avon - 515 Shatto

Asset description

JLL, as exclusive advisor, is pleased to offer to qualified investors an opportunity to acquire the 100% fee simple interest in 515 Shatto Place (the “Property”), a strategic ±18,100 square foot office building in the heart of Los Angeles’ Koreatown. The Property is 100% leased to LG Beauty and their subsidiary AVON, with 5.2 years of remaining lease term, offering investors $675,000 annual in secure, credit-backed income. 515 Shatto Place is located in Los Angeles’ Koreatown, serving as a mission-critical facility for LG Beauty’s North American operations for the following reasons:


• Strategically houses the CEO’s office and core corporate divisions, including marketing, sales, and finance

• Geographical and demographic link to the Korean parent organization

• Experiential retail on ground floor catering to both third party and wholesale product buyers


This exceptional investment opportunity combines investment grade tenancy, operational significance, and strategic location with high-quality cash flow backed by one of the world’s leading beauty conglomerates.

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Attributes

Occupancy
100%
Year built
1961
WAULT
5.2 years

Media

Investment highlights

  • Investment Grade Tenancy
  • Predictable Cash Flow
  • Favorable Market Dynamics
Avon - 515 Shatto 4_Property for Sale
Avon - 515 Shatto 4_Property for Sale

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Avon - 515 Shatto (0 Properties)

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Last updated
Nov 13, 2024