Description

Jones Lang LaSalle, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 3860 S Centinela Ave (the “Property” or the “Offering”), located in the Westside Mar Vista neighborhood of Los Angeles.

Situated on 0.83 acres, the Property features a 25,400 squarefoot retail building with a 5,400 square-foot mezzanine and a connected loading dock, offering flexibility for a wide range of retail uses. The Property is enhanced by 42 on-site parkings spaces, a meaningful advantage for retailers in a parkingconstrained market.

Currently leased to Centinela Pet & Feed, with a lease expiration on December 31, 2026, the asset offers a compelling mix of in-place cash flow, and the future flexibility to reposition and implement a value-add business plan. Additionally, an ability to terminate the lease with two months notice provides further flexibility for investors pursing an expedited business plan or owner-users seeking near-term occupancy.

With 290,266 residents and $4.9 billion in annual consumer spending within a three-mile radius, the property is surrounded by a dense and affluent population.

The Offering represents a unique opportunity to acquire a highly visible, well-located asset in one of Los Angeles’ most dynamic neighborhoods. With its high visibility, strong demographic tailwinds, and value-add potential, 3860 S Centinela Ave is optimally positioned to capture robust tenant and investor demand and create lasting value for an investor.

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