SHAKE SHACK 6443 Topanga Canyon Blvd. $7,990,000 Woodland Hills, CA 91303

▪ National Tenant with Corporate Guarantee

▪ New Construction – March 2020 Store Opening/Lease Commencement

▪ Upscale, High Traffic Warner Center Location

▪ 10-year Lease with Two 5-year Options, Corporate guarantee from

Publicly Traded Parent Company valued at $2.35 Billion (11/15/2019). Price $7,990,000 Gross Leasable Area 3,585 SF

Sale Type Investment/1031 Exchange Patio Seating Area 590 SF

Cap Rate 3.92% No. of Stories 1

Net Income $313,404/year with 10% increases every 5 years, including Option years

Property Type Retail/Restaurant Building Height 20 FT

Built March 2020 Ceiling Height 10 FT

LOT SIZE 0.33 AC Construction Steel

Zoning (WC)TOPANGA-SN-RIO Parking Spaces 14

APN/Parcel ID 2139-002-031 Parking Ratio 3.91/1,000 SF

HIGH TRAFFIC UPSCALE WARNER CENTER RETAIL CORRIDOR

Topanga Canyon Blvd. and Victory Blvd. is one of the three highest traffic count intersections in Los

Angeles' San Fernando Valley (approx. 61,000+ cars per day). Across the street from Westfield Topanga

(Neiman Marcus, Nordstrom, Macy's, Target, Williams-Sonoma, The Cheesecake Factory, California Pizza

Kitchen, Tesla,...), kitty corner from Westfield Village (AMC Movie Theaters, 24 hour Fitness, REI, Crate &

Barrel, Costco, Barns & Noble, Larson's Steakhouse, Verizon, Total Wine & More,...), and on the same

side of the street as Fleming's Steakhouse, Roy's Hawaiian Fusion, US Bank, Chase, Office Depot & more.

WORKFORCE EPICENTER

Warner Center is comprised of approximately 6,000,000 SF of commercial and office space, with

potential for millions more with the increased density allowed per the Warner Center 2035 Plan.

REGIONAL SHOPPING DESTINATION

At 2.7M SF, Westfield's Topanga Mall/The Village/Promenade developments are now the 3rd largest

shopping centers in the US, rivalling the likes of The Grove and Americana at Brand. Warner Center

attracts 20 million visitors annually and is expected grow considerably.

NEW CONSTRUCTION 3,585 SF steel construction restaurant plus a 590 SF patio seating area, great signage, beautiful landscaping, and 14 parking spaces (max allowed by City of LA’s Warner Center 2035 Plan). Completion expected March 2020.

DEMOGRAPHICS

CONTACT INFORMATION

Mary Brown ◼ Gold Star Realty ◼ 818-268-7598 ◼ mary.yu.brown@gmail.com ◼ Lic. 00997459 This information has been obtained from sources believed reliable but has not been verified for accuraacy or completeness. You should conduct

independent investigation of the property and verify all information. Any relieance on this information is solely at your own risk.