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Tenant has occupied the site for 25 yearsGROUND LEASE
OFFERING MEMORANDUM
LA CAÑADA CALIFORNIA
CONFIDENTIALITY AND DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
SPECIAL COVID-19 NOTICEAll potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.
NON-ENDORSEMENT NOTICEMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOURMARCUS & MILLICHAP AGENT FOR MORE DETAILS.
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Clover Creek
Bruneau River
Pine
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South Fork
Owyhee R.
COLORADO R.
Wash
VIRGIN RIVER
COLORADO R.
Rees
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Kern River
Sacramento R.
SNAKE RIVER
Owyhee River
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Rees
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Klamath River
Sacramento River
Eel River
Me a
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Rogue River
Winnemucca Lake
Rye PatchReservoir
Big Bear
Oroville Res
Gerber Reservoir
Mono Lake
Lake Berryessa
CrumpLake
SummerLake
LakeAbert
DrewsReservoir
Clear LakeReservoir
ShastaLake
Eagle Lake
Lake Almanor
Tule Lake
SALTONSEA
Clear Lake LAKETAHOE
Pyramid Lake
UpperKlamathLake
Goose Lake
LakeMohave
LAKEHAVASU
ImperialReservoir
LAKE MEAD
Hoover Dam
P a c i f i cO c e a n
M o n t e r e yB a y
H u m b o l d tB a y
San FranciscoBay
S a n t a B a r b a r a C h a n n e l
G u l f o fS a n t a C a t a l i n a
SANTA CRUZISLAND
SANTA CATALINAISLANDSAN NICOLAS
ISLAND
SAN CLEMENTEISLAND
SAN MIGUELISLAND
SANTA ROSAISLAND
Organ PipeCactus NM
Channel Islands NP Joshua Tree NM
Santa Monica Mountains NRA
Lake MeadNRA
Pinnacles NM
Lake Mead NRA
Sequoia NP
Grand Canyon NP
Death Valley NM
Kings Canyon NP
Zion NP
Yosemite NP
Point Reyes NS
Great Basin NP
Lassen Volcanic NP Whiskeytown-Shasta-Trinity NRA
Redwood NP
Lava Beds NM
City of RocksNational Reserve NM
Hagerman FossilBeds NM
Crater LakeNP
A L A M E D A
A L P I N E
A M A D O R
B U T T E
C A L AV E R A S
C O L U S A
C O N T R AC O S TA
D E L N O R T E
E L D O R A D O
F R E S N O
G L E N N
H U M B O L D T
I M P E R I A L
I N Y O
K E R N
K I N G S
L A K E
L A S S E N
L O S A N G E L E S
M A D E R A
M A R I N
M A R I P O S A
M E N D O C I N O
M E R C E D
M O D O C
M O N O
M O N T E R E Y
N A PA
N E VA D A
O R A N G E
P L A C E R
P L U M A S
R I V E R S I D E
S A C R A M E N T O
S A NB E N I T O
S A N B E R N A R D I N O
S A N D I E G O
S A NJ O A Q U I N
S A NL U I S
O B I S P O
S A NM AT E O
S A N TAB A R B A R A
S A N TA C L A R AS A N TA
C R U Z
S H A S TA
S I E R R A
S I S K I Y O U
S O L A N O
S O N O M A
S TA N I S L A U S
S U T T E R
T E H A M A
T R I N I T Y
T U L A R E
T U O L U M N E
V E N T U R A
Y O L O
Y U B A
Y U M A
M O H AV E
P I M A
YAVA PA I
L A PA Z
C A S S I A
J E R O M E
L I N C O L N
M I N I D O K A
O W Y H E E
T W I NF A L L S
C U R R Y
H A R N E Y
J A C K S O NJ O S E P H I N E
K L A M AT H
L A K E
B E AV E R
B O X E L D E R
I R O N
J U A B
M I L L A R D
T O O E L E
W A S H I N G T O N
C H U R C H I L L
C L A R K
D O U G L A S
E L K O
E S M E R A L D A
E U R E K A
H U M B O L D T
L A N D E R
L I N C O L N
LY O N
M I N E R A L
N Y E
P E R S H I N G
S T O R E Y
W A S H O E
W H I T E P I N E
O R M S B Y
M A L H E U R
Arbuckle
Big Pine
Borrego Springs
Colfax
Covelo
Dorris
Eagle Mountain
Etna
Foresthill
Greenville
Happy Camp
Hayfork
Herlong
Julian
Kettleman City
Laytonville
Lone Pine
Loyalton
Maricopa
Mariposa
Mendocino
Niland
Oakhurst
Point Arena
Redway
San Andreas
San Joaquin
Trinidad
Tulelake
Yosemite Valley
San Luis
Wellton
Yuma Proving Ground
Albion
DietrichGrand View
Hagerman
HollisterMalta
Minidoka
Oakley
Canyonville
Cave Junction
Chiloquin
Glendale
Gold Beach
Jordan Valley
Merrill
PaisleyPort Orford
Powers
Shady Cove
Enoch
Enterprise
Milford
New Harmony
Wendover
Yost
Caliente
Carlin
Gabbs
Lovelock
McGill
Overton
Tonopah
Wells
Chico
Lancaster
Lodi
Lompoc
Merced
Monterey
Palm Springs
Petaluma
Poway
Redding
San Luis Obispo
Santa Cruz
Santa Maria
Visalia
Vista
Arcata
Arroyo Grande
Atascadero
Atwater
Barstow
Big Bear
Brawley
Calexico
Ceres
Delano
El Centro
Encinitas
Eureka
Fallbrook
Gilroy
Hanford
Hesperia
Hollister
Indio
Linda
Los Banos
Madera
Manteca
Marina
Morgan Hill
Palm Desert
Palmdale
Porterville
Reedley
Ridgecrest
Sanger
Selma
Solana Beach
South Lake Tahoe
Tulare
Ukiah
Victorville
Watsonville
Yuba City
Yucaipa
Bullhead City
Lake Havasu City
Yuma
Twin Falls
Medford
AltamontAshland
Grants Pass
Klamath Falls
Cedar City
St. George
Henderson
Winchester
RosaritoSan Luis
Clearlake
Bakersfield
Berkeley
Concord
Fremont
Modesto
Oxnard
Riverside
San Bernardino
Stockton
Arden-Arcade
Burbank
Chula Vista
CitrusHeights
Costa Mesa
Daly City
El Cajon
Escondido
Fairfield
La Mesa
Mission Viejo
Napa
Newport Beach
Oceanside
Palo Alto
Pomona
Redondo Beach
Redwood City
Richmond
Salinas
San Mateo
Santa Barbara
Santa Clara
Santa Rosa
Simi Valley
Vallejo
Whittier
Las Vegas
Reno
Paradise
Anaheim
Fresno
Long Beach
Los Angeles
Oakland
San Diego
San Francisco
San Jose
Santa Ana
Sacramento
Carson City
Mexicali
Arizona
Idaho
NEVADA
Oregon
Utah
CALIFORNIA
Mexico
Investment Summary .........................................1Investment Highlights.........................................3Location Overview ..............................................7Location Map .....................................................9Aerial Map .......................................................10Tenant Summary ..............................................11Site Plan ..........................................................12Location Highlights ...........................................15Demographics ..................................................16
TABLE OF CONTENTS
O V E R V I E W
Price $3,085,714
Gross Leasable Area (GLA) 2,037 SF
Lot Size (approx) 0.49 Acres
Net Operating Income $118,800
CAP Rate 3.85%
Year Built / Remodeled 1995 / 2015
A N N U A L I Z E D O P E R A T I N G D A T A
Lease Term Annual Rent
Current Term $118,800
2024 $130,680
2029 $143,748
2151 FOOTHILL BLVD, LA CAÑADA FLINTRIDGE, CA 91011
PRICE: $3,085,714 CAP: 3.85% RENT: $118,800
INVESTMENT SUMMARY
L E A S E A B S T R A C T
Lease Type NNN Ground Lease
Original Lease Term 20 Years
Lease Term Commenced 12/31/2014
Lease Expiration 2034
Remaining Lease Term 13.8 Years
Renewal Options None
Increases 10% every 5-yrs
Landlord Obligation None At All
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INVESTMENT HIGHLIGHTS t Tenant is a staple in the community having occupied the
site for over 24 years. t In 2015, the site was remodeled - continuing to show
Tenant’s commitment to the location (having occupied the site for 20-years).
t Pandemic resistant with drive thru operation. t Long term 20 year NNN Ground Lease with over 13 years
remaining on base term. t Strong franchisee with over 30 locations. t Strong population density with over 245,000 residents in the
immediate area. t Located just off the I-210. t E-commerce and recession resistant tenant, remaining fully
operational during the Pandemic.
241,564TOTAL POPULATION WITHIN 5-MILE RADIUS
$121,641 AVERAGE HOUSEHOLD INCOME WITHIN 5-MILE RADIUS
23,643 VPD - FOOTHILL BLVD
3
4
INVESTMENT HIGHLIGHTSThis exceptional 20 year NNN Ground
Lease commenced in 2014 after the tenant had occupied the site for over 20 years. Their desire to remain at this location was demonstrated when they renovated the building in 2015. The lease is truly passive with no landlord obligations and offers 10% rent escalations every five years to hedge against inflation.
The Franchisee is Century Foods and operates 30+/- locations in and around SoCal.
NNNNo landlord obligations
Ground Lease10% rent bumps every 5 years
to hedge against inflation
Remodeled in 2015 after having occupied the
site for 20 years
Affluent neighborhood where average household income
exceeds $150,379
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6
LOCATION OVERVIEWLA CAÑADA FLINTRIDGE, CALIFORNIALa Canada Flintridge, CA is a beautiful city in the northern Los Angeles County in the western San Gabriel Valley. It is 15 minutes away from Downtown Los Angeles and is served by the SR-2 and I-210 Freeways. The La Canada Unified School District was named the No.2 best achieving public unified school district in California, according to the state’s Department of Education. There are beautiful scenic areas to visit and many opportunities to learn and grow in this residential city. With warm summers and mild winters, La Canada Flintridge is the pinnacle of CA suburban life.
La Canada is known for its highly ranked education system. La Canada High School is a highly ranked public school which received a gold medal from the U.S. News National Rankings. With over 2,000 students, it is ranked the 39th best school in California. In terms of private school education, La Canada is sure to please. La Canada’s Flintridge Preparatory School was ranked in the top 20% of best private school in California. This small school has around 500 students, grades 7-12, and creates an intimate and rigorous learning environment for all its students.
La Canada is also only 17 miles away from the University of Southern California, USC. USC is a private institution founded in 1880, which was ranked 22nd in the Best Colleges in National Universities. It is a strong research institution which offers 125 distinct undergraduate degrees and 80 different majors across all areas of study. USC has
around 19,000 students yet has an 8:1 student-faculty ratio, creating small communities within a large, diverse campus for students.
Since most cities in Los Angeles County are very populous and urban, there aren’t many natural getaways for residents – but, La Canada is an exception. Descanso Gardens, a 150-acre botanical garden, is one of La Canada’s most treasured places. Visitors can explore the garden and relax amongst the breathtaking flowers. They can stroll through the famous rose garden or breath in the open air of the oak forest. Descanso Gardens brings in many visitors from all over the Los Angeles County area and has over 412,000 visitors per year. Although La Canada Flintridge does have mild winters, a quick trip up Angeles Crest Hwy and you’ll transport to a winter wonderland. This magnificent viewpoint is covered in snow during the winter and is one of closest places where Angelinos can see snow.
La Canada boasts a high median household income of $151,786 per year, compared to the US average of $53,482 per year. La Canada’s employment has grown 2.17% in 1 year. The number of employees is rising as new businesses begin to grow. The Los Angeles County is also the most populous of all of California’s counties and is continuing growing. La Canada Flintridge has a promising future for residents and businesses who continue to thrive here and welcomes everyone to experience all it has to offer.
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FOOTHILL BLVD - 23,643 VPD
FOOTHILL BLVD - 23,643 VPD
210 FREEWAY210 FREEWAY
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CA StateUniv
Univof CA
The GreatWestern Forum
The GreatWestern Forum
Los Angeles MemSports Arena
DodgerStadium
AnaheimStadium
Disneyland
KnottsBerry Farm
DadMiller GC
ImperialGC
CoyoteHills GC
Los CoyotesCC CA State
UnivAltaVista GC
Cypress GC
NavalBase GC
OldRanch GC
RiverView GC
WillowickMun GC
David LBaker GC
Mile Square GC
MeadowlarkGC
MesaVerde GC
HuntingtonSeacliff CC
RagingWaters
LA AirForce Base
Long BeachNaval Station
Tustin MarineCorps Air
Station
Los AlamitoReserve Center
Bolsa ChicaState Beach
Robert Meyer MemState Beach
TopangaState Park
Malibu CreekState Park
Las TunasState BeachMalibu Lagoon
State BeachWill RogersState Beach
Santa MonicaState Beach
Dockweiler StateBeach
ManhattanState Beach
RedondoState Beach
Royal PalmsState Beach
Santa Monica Bay
San Pedro Bay
West Fork SanGabriel River
San G
abrie
l Rive
r
ChatsworthReservoir
Van NormanLakes
San GabrielReservoir
MorrisReservoir
Rio Hondo River
Los Angeles River
Sant
a Ana
Rive
r
Lincoln Ave
E Los Angeles Ave
Placerita Canyon Rd
Little Tujunga Rd
San G
abrie
l Can
yon R
d
Bal
boa
Blv
d
Sesnon Blvd
Sepu
lved
a Bl
vd
Res
eda
Blv
d
Win
netk
a Av
e
Woo
dman
Ave
Summitrose St
Roscoe Blvd
Kanan Road
Wes
tlake
Blvd
Victory Blvd
Ventura Blvd
S P
acifi
c Av
e
Sunset Blvd
Sunset Blvd
Santa Monica
Blvd
Santa Monica Blvd
Valley Blvd
Wes
tern
Ave
Wes
tern
Ave
Wilshire Blvd
Slauson Ave
Vista Del Mar Ave Rosecrans Ave
Carson St
Sepulveda Blvd
W Paseo Del Mar
Azu
sa A
ve
Azus
a Av
e
Colima Rd
San Fernando Rd
San Fernando Rd
Colorado Blvd
Harbor Blvd
Venice
Blvd
Culve
r Blvd
Little
Tujun
ga Can
yon
Rd
Mulholland Hwy
Valle
y C
ircle
B
lvd
Haw
thor
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lvd
Palo
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rdes D
rH
aw
thorne Blvd
Palos Verdes Dr
Mount
Glea
son Ave Big Tujunga Canyon Rd
Angeles Crest Hwy
An
geles For
est H
wy
Imperial Hwy
Beac
h Bl
vdB
each
Blv
d
Topa
nga
Can
yon
Blv
d
Sep
ulve
da B
lvd
Rosem
ead Blvd
Huntington Dr
Whittier Blvd
Whittier BlvdLincoln Blvd
Manchester BlvdFirestone Blvd
Lake
wood
Blvd
Sep
ulve
da B
lvd
Artesia Blvd
Pacific Coast Hwy
7th StOcean Blvd
Seaside Ave
Pacific Coast Hwy
Alva
rado
St
Pacific Coast H
wy
Imperial HwyOrange Frw
y
Costa
Mesa F
rwy
Cos
ta M
esa
Frw
y
Garden Grove Frwy
Simi Valley Frwy
Golden State Hwy
San Fernando Valley Frwy
Foothill Frwy
Gle
ndal
e Fr
wy
Orang
e Fr
wy
Pomona Frwy
Century Frwy
Artesia Frwy
Pomona Frwy
San Diego Frwy
San Bernardino Frwy
Foothill Frwy
Har
bor F
rwy
Santa Ana Frwy
Hollyw
ood Frwy
Ventura Frwy
Long
Bea
ch F
rwy
Hollywood Frwy
Marina Frwy
Santa Monica Frwy
Pas
adena Frwy
San Diego Frwy
San
Gab
riel R
iver
Frw
y
FullertonMunicipalAirport
John WayneAirport
WhitemanAirport
Van NuysAirport
Burbank-Glendale-Pasadena Airport
El MonteAirport
Santa MonicaMunicipal Airport
Los AngelesInt'l Airport
HawthorneMunicipalAirport
Long Beach AirportDaugherty Field
ZamperiniField
Bradbury
EastPasadena
East SanGabriel
NorthEl Monte
SouthEl Monte
WestWhittier
La HabraHeights
EastCompton
WestCompton
WestCarson
IrwindaleMayflower
Citrus
Vincent
West PuenteValley
AvocadoHeights
South SanGabriel Valinda
South SanJose Hills
Commerce
Vernon
LaderaHeights
ViewPark
Florence WalnutPark Cudahy
Lennox
WestAthens
DelAire
AlondraPark
Graham
LaPalma
LosAlamitos
Santa FeSprings
Artesia
HawaiianGardens
SignalHillPalos Verdes
Estates
RollingHills
Brea
La Habra
Fullerton
Placentia
BuenaPark
Anaheim
Orange
CypressVillaPark
StantonGardenGroveRossmoor
SealBeach
SantaAna
Westminster
HuntingtonBeach
Tustin
FountainValley
SimiValley
SantaClarita
LOS ANGELES
SanFernando
Glendale
NorthridgeLa
Crescenta
Pasadena
La CanadaFlintridge
Burbank
Altadena
Duarte
Monrovia
GlendoraArcadia
SierraMadre
HiddenHills
Westlake
ThousandOaks
Newbury Park
Camarillo
AgouraHills
SanDimas
AzusaSan
Marino
SouthPasadena Temple
CitySanGabrielBeverly
Hills Alhambra CovinaBaldwinPark
CharterOak
El Monte
WestHollywood
RosemeadMonterey
Park
WalnutEast LosAngeles
La PuenteSanta
MonicaMontebello
DiamondBar
CulverCity
HaciendaHeights
PointDume Pico
Rivera
Whittier
RowlandHeightsBell
MaywoodHuntington
Park
MarinaDel Rey
InglewoodBell
Gardens
Downey
SouthGateWestmont South
WhittierLynwood
HawthorneNorwalk
El Segundo WillowbrookLa Mirada
Compton ParamountGardenaBellflower
ManhattanBeach Lawndale
RedondoBeach
Cerritos
Torrance
Carson
LongBeach
HermosaBeach
Lomita
Rancho PalosVerdes
WestCovina
Los AngelesCounty
VenturaCounty
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73
118
23
14
170
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101
101
101
101
134134
2
2
110
30
60
60
72
72
57
57
90
42
91
19
19
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103
47
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210
210
210
210
210
210
405
405
605
605
10
10
710110
110
110
710
10
105
9
FOOTHILL BLVD - 23,643 VPD
FOOTHILL BLVD - 23,643 VPD
CAST
LE R
D -
1,48
4 VP
DCA
STLE
RD
- 1,
484
VPD
OCE
AN
VIE
W B
LVD
- 15
,819
VPD
OCE
AN
VIE
W B
LVD
- 15
,819
VPD
210 FOOTHILL FWY
210 FOOTHILL FWY
10
PHO SEASON
Lotte Market
Seoul BBQ Restaurant
Marsh Village Pharmacy
Tae Kwon Do
Hair Mode
Print & Ship SerivcesSM
IRVINE, CAHEADQUARTERS
OWNERSHIP TICKER: NYSE
LOCATIONSEMPLOYEES
YUM
7,000210,000
PUBLIC
TACO BELL
TACO BELLTaco Bell is a southern California, (HQ: Irvine, CA) based quick service restaurant chain that specializes in Mexican-style cuisine. It is a subsidiary of YUM! Brands, Inc., which is the largest restaurant chain in the world. They enjoy the largest share of Mexican-style restaurants in the United States (franchise sales are $5.7 billion). Over 35(mil) patrons, visit Taco Bell each week and over 80 percent of its 6,500 locations are franchised.
Glen Bell opened first restaurant in Downey, CA in 1962. The chain now employs 210,000 +/-employees nationwide. On 3/15/18, Taco Bell announced that all employees are eligible for classes at 80 online universities. They also provide tuition assistance and college credit for job training at the restaurant. There are over 7,000 restaurants across the US and 400+/- units in 27 countries outside the US including Restaurants in Canada, Guam, Aruba, Dominican Republic, Chile, Costa Rica, Guatemala, Puerto Rico, Ecuador, Hawaii, Asia, and Europe.
Taco Bell plans to grow to 8000 units by 2022 which would increase its franchise footprint to $10 billion to $15 billion by 2022.
“Taco Bell truly is a Category of One. The team delivered another solid year of operating results driven by innovative new products and unparalleled value. I am particularly excited about the new products and unique and compelling marketing calendar the team has planned for 2018. Internationally, Taco Bell continues to build momentum as we entered five new countries and ended the year with over 400 Taco Bell restaurants outside the U.S.” (Greg Creed CEO YUM! Brands Annual Report 2018)
TENANT SUMMARY
11
12
CA
STLE
RD
FOOTHILL BLVD
13
SITE PLAN
Print & Ship SerivcesSM
Lotte Market
Seoul BBQ
Restaurant
Marsh Village
Pharmacy
Tae Kwon
Do
Hair Mode
DOWNTOWN LOS ANGELESDOWNTOWN LOS ANGELES
210 FREEWAY210 FREEWAY
2 FREEWAY2 FREEWAY
14
USC Verdugo Hills Hospital Campus
CA StateUniv
Univof CA
The GreatWestern Forum
The GreatWestern Forum
Los Angeles MemSports Arena
DodgerStadium
AnaheimStadium
Disneyland
KnottsBerry Farm
DadMiller GC
ImperialGC
CoyoteHills GC
Los CoyotesCC CA State
UnivAltaVista GC
Cypress GC
NavalBase GC
OldRanch GC
RiverView GC
WillowickMun GC
David LBaker GC
Mile Square GC
MeadowlarkGC
MesaVerde GC
HuntingtonSeacliff CC
RagingWaters
LA AirForce Base
Long BeachNaval Station
Tustin MarineCorps Air
Station
Los AlamitoReserve Center
Bolsa ChicaState Beach
Robert Meyer MemState Beach
TopangaState Park
Malibu CreekState Park
Las TunasState BeachMalibu Lagoon
State BeachWill RogersState Beach
Santa MonicaState Beach
Dockweiler StateBeach
ManhattanState Beach
RedondoState Beach
Royal PalmsState Beach
Santa Monica Bay
San Pedro Bay
West Fork SanGabriel River
San G
abrie
l Rive
r
ChatsworthReservoir
Van NormanLakes
San GabrielReservoir
MorrisReservoir
Rio Hondo River
Los Angeles River
Sant
a Ana
Rive
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Lincoln Ave
E Los Angeles Ave
Placerita Canyon Rd
Little Tujunga Rd
San G
abrie
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Bal
boa
Blv
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Sesnon Blvd
Sepu
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Res
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Blv
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netk
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Woo
dman
Ave
Summitrose St
Roscoe Blvd
Kanan Road
Wes
tlake
Blvd
Victory Blvd
Ventura Blvd
S P
acifi
c Av
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Sunset Blvd
Sunset Blvd
Santa Monica
Blvd
Santa Monica Blvd
Valley Blvd
Wes
tern
Ave
Wes
tern
Ave
Wilshire Blvd
Slauson Ave
Vista Del Mar Ave Rosecrans Ave
Carson St
Sepulveda Blvd
W Paseo Del Mar
Azu
sa A
ve
Azus
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Colima Rd
San Fernando Rd
San Fernando Rd
Colorado Blvd
Harbor Blvd
Venice
Blvd
Culve
r Blvd
Little
Tujun
ga Can
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Rd
Mulholland Hwy
Valle
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B
lvd
Haw
thor
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lvd
Palo
s Ve
rdes D
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aw
thorne Blvd
Palos Verdes Dr
Mount
Glea
son Ave Big Tujunga Canyon Rd
Angeles Crest Hwy
An
geles For
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Imperial Hwy
Beac
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vdB
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Blv
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Topa
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Sep
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Rosem
ead Blvd
Huntington Dr
Whittier Blvd
Whittier BlvdLincoln Blvd
Manchester BlvdFirestone Blvd
Lake
wood
Blvd
Sep
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da B
lvd
Artesia Blvd
Pacific Coast Hwy
7th StOcean Blvd
Seaside Ave
Pacific Coast Hwy
Alva
rado
St
Pacific Coast H
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Imperial HwyOrange Frw
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Costa
Mesa F
rwy
Cos
ta M
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Frw
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Garden Grove Frwy
Simi Valley Frwy
Golden State Hwy
San Fernando Valley Frwy
Foothill Frwy
Gle
ndal
e Fr
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Orang
e Fr
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Pomona Frwy
Century Frwy
Artesia Frwy
Pomona Frwy
San Diego Frwy
San Bernardino Frwy
Foothill Frwy
Har
bor F
rwy
Santa Ana Frwy
Hollyw
ood Frwy
Ventura Frwy
Long
Bea
ch F
rwy
Hollywood Frwy
Marina Frwy
Santa Monica Frwy
Pas
adena Frwy
San Diego Frwy
San
Gab
riel R
iver
Frw
y
FullertonMunicipalAirport
John WayneAirport
WhitemanAirport
Van NuysAirport
Burbank-Glendale-Pasadena Airport
El MonteAirport
Santa MonicaMunicipal Airport
Los AngelesInt'l Airport
HawthorneMunicipalAirport
Long Beach AirportDaugherty Field
ZamperiniField
Bradbury
EastPasadena
East SanGabriel
NorthEl Monte
SouthEl Monte
WestWhittier
La HabraHeights
EastCompton
WestCompton
WestCarson
IrwindaleMayflower
Citrus
Vincent
West PuenteValley
AvocadoHeights
South SanGabriel Valinda
South SanJose Hills
Commerce
Vernon
LaderaHeights
ViewPark
Florence WalnutPark Cudahy
Lennox
WestAthens
DelAire
AlondraPark
Graham
LaPalma
LosAlamitos
Santa FeSprings
Artesia
HawaiianGardens
SignalHillPalos Verdes
Estates
RollingHills
Brea
La Habra
Fullerton
Placentia
BuenaPark
Anaheim
Orange
CypressVillaPark
StantonGardenGroveRossmoor
SealBeach
SantaAna
Westminster
HuntingtonBeach
Tustin
FountainValley
SimiValley
SantaClarita
LOS ANGELES
SanFernando
Glendale
NorthridgeLa
Crescenta
Pasadena
La CanadaFlintridge
Burbank
Altadena
Duarte
Monrovia
GlendoraArcadia
SierraMadre
HiddenHills
Westlake
ThousandOaks
Newbury Park
Camarillo
AgouraHills
SanDimas
AzusaSan
Marino
SouthPasadena Temple
CitySanGabrielBeverly
Hills Alhambra CovinaBaldwinPark
CharterOak
El Monte
WestHollywood
RosemeadMonterey
Park
WalnutEast LosAngeles
La PuenteSanta
MonicaMontebello
DiamondBar
CulverCity
HaciendaHeights
PointDume Pico
Rivera
Whittier
RowlandHeightsBell
MaywoodHuntington
Park
MarinaDel Rey
InglewoodBell
Gardens
Downey
SouthGateWestmont South
WhittierLynwood
HawthorneNorwalk
El Segundo WillowbrookLa Mirada
Compton ParamountGardenaBellflower
ManhattanBeach Lawndale
RedondoBeach
Cerritos
Torrance
Carson
LongBeach
HermosaBeach
Lomita
Rancho PalosVerdes
WestCovina
Los AngelesCounty
VenturaCounty
55
55
73
118
23
14
170
101
101
101
101
101
134134
2
2
110
30
60
60
72
72
57
57
90
42
91
19
19
9191
103
47
22 22
39
39
3990
14290
1
1 2
2
1
1
2
2
118118
39
27
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5
5
405
405
405
5
5
5
210
210
210
210
210
210
405
405
605
605
10
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710110
110
110
710
10
105
LOCATION HIGHLIGHTS
Known as SoCal’s region for pricey isolation in a
convenient location
Located just off the I-210 in an affluent
Los Angeles suburb
LA CAÑADA FLINTRIDGE, CATHE 17TH MOST AFFLUENT CITY IN THE UNITED STATES
Commitment to the region having been a staple in
the community since 1995 (remodeled the site in 2015)
Easy accessibility to Pasadena, Downtown and several other
Los Angeles suburbs
MAJOR EMPLOYERS: LA CAÑADA FLINTRIDGE, CA
Ralph's Grocery Co. 100
Ross Dress for Less Inc. 100
Sprouts Farmers Market 88
La Cañada Flintridge Country Club 86
Dilbeck Real Estate 86
Allen Lund Company LLC 83
Trader Joe's 78
TJ Maxx 77
Gelson's Market 73
Los Gringos Locos LLC 56
DOWNTOWN LA
13.6 Miles from Downtown LA
8.1 Miles from Pasadena
15
7.71% From 2000
DEMOGRAPHICS/LA CAÑADA FLINTRIDGE, CA
241,564Total Population Within 5-Mile Radius
$121,641Average Household Income
Within 5-Mile Radius
$78,565Median Household Income
Within 5-Mile Radius
89,451Total Households Within
5-Mile Radius
16
POPULATION 1 MILE 3 MILES 5 MILES2023 Projection
Total Population 20,326 76,217 245,1062018 Estimate
Total Population 19,822 75,301 241,5642010 Census
Total Population 19,439 73,860 231,8232000 Census
Total Population 17,868 71,521 224,917Current Daytime Population
2017 Estimate 16,259 67,817 213,952
HOUSEHOLDS 1 MILE 3 MILES 5 MILES2023 Projection
Total Households 7,778 27,491 91,1762018 Estimate
Total Households 7,596 27,122 89,451
Average (Mean) Household Size 2.61 2.76 2.692010 Census
Total Households 7,393 26,364 84,9152000 Census
Total Households 7,057 25,982 83,043Occupied Units
2023 Projection 7,778 27,491 91,176
2018 Estimate 7,726 27,477 91,270
HOUSEHOLDS BY INCOME 1 MILE 3 MILES 5 MILES2018 Estimate
$150,000 or More 25.51% 32.71% 22.53%
$100,000 - $149,000 19.74% 20.47% 17.26%$75,000 - $99,999 10.75% 12.14% 12.20%$50,000 - $74,999 15.53% 12.92% 15.61%$35,000 - $49,999 7.98% 7.03% 9.65%Under $35,000 20.50% 14.74% 22.75%
Average Household Income $136,328 $156,670 $121,641
Median Household Income $88,317 $106,440 $78,565
Per Capita Income $52,337 $56,517 $45,150
HOUSEHOLDS BY EXPENDITURE 1 MILE 3 MILES 5 MILESTotal Average Household Retail Expenditure $90,563 $98,468 $86,878
Consumer Expenditure Top 10 Categories Housing $25,669 $27,796 $24,804 Transportation $16,152 $17,292 $15,624 Shelter $15,309 $16,902 $14,740 Food $10,000 $11,441 $9,132 Personal Insurance and Pensions $9,143 $10,044 $8,764 Utilities $5,282 $5,905 $5,048 Health Care $4,239 $4,642 $4,109 Entertainment $3,701 $4,110 $3,578 Apparel $2,589 $2,888 $2,487
Household Furnishings and Equipment $2,493 $2,738 $2,386
POPULATION PROFILE 1 MILE 3 MILES 5 MILESPopulation By Age
2018 Estimate Total Population 19,822 75,301 241,564Under 20 22.50% 22.67% 20.29%20 to 34 Years 15.32% 14.46% 18.39%35 to 39 Years 5.08% 4.55% 5.87%40 to 49 Years 14.62% 14.06% 13.86%50 to 64 Years 25.35% 26.29% 23.46%Age 65+ 17.15% 17.96% 18.14%Median Age 45.42 46.57 44.35
Population 25+ by Education Level 2018 Estimate Population Age 25+ 14,290 54,072 179,041Elementary (0-8) 2.01% 1.98% 4.84%Some High School (9-11) 3.03% 2.51% 4.68%High School Graduate (12) 12.99% 13.49% 17.63%Some College (13-15) 19.40% 18.27% 18.69%Associate Degree Only 8.29% 7.95% 8.45%Bachelors Degree Only 32.99% 31.95% 27.01%Graduate Degree 19.82% 22.88% 16.90%
17
LA CAÑADA CALIFORNIA
LIOR REGENSTREIFSENIOR MANAGING DIRECTOR INVESTMENTS
SENIOR DIRECTOR, NET LEASED PROPERTIES GROUPENCINO OFFICE
Tel: (818) 212-2730Fax: (818) 212-2710
[email protected]: CA 01267761
