Lincoln Station - Cerritos

JLL has been exclusively retained by Ownership to offer qualified investors the exciting opportunity to acquire the leasehold interest in Lincoln Station (the “Property”), a 91,334 square-foot recently renovated grocery anchored neighborhood shopping center located in Cerritos, CA. The Property is strategically located along South Street retail corridor, a dynamic retail node in Cerritos, CA. The property features a diverse tenant roster which includes a Sprouts and well-known tenants such as Meet Fresh, Leslie’s Pool Supply, and Code Ninjas. The Property is subject to a ground lease with the City of Cerritos and benefits from over 65 years of term remaining, moderate rent escalations, and a favorable participation structure creating a “fee-like” position for an investor.

• TOP-PERFORMING GROCERY LOCATION WITH A DOMINANT BRAND
• DENSE AND AFFLUENT TRADE AREA 
• IDEAL LOCATION WITH EXCELLENT VISIBILITY IN A HIGH TRAFFIC TRADE AREA 
• SIGNIFICANT SURROUNDING DRAW 
• IMMEDIATE UPSIDE & STRONG NOI GROWTH 
• SYNERGISTIC TENANT MIX 
• HIGH BARRIERS TO ENTRY IN A SUPPLY-CONSTRAINED MARKET 
• LONG TERM GROUND LEASE WITH FAVORABLE STRUCTURE