Pegasus Investments Real Estate Advisory, as the exclusive advisor to the Seller, is excited to offer the outstanding opportunity to acquire the fee simple interest in a fully occupied multi-tenant asset situated in Los Angeles, CA (Huntington Park). The Property comprises corporate leases with Starbucks (which includes a drive-thru) and Subway. The Property is also strategically positioned as an outparcel to a Top 1% Home Depot that ranks #16 out of 1,980 stores national (placer.ai). Located at the signalized intersection of South Boyle Avenue and East Slauson Avenue, one of the major east-west roads in the Los Angeles metro, the Property further benefits from exposure to the ~60,000 vehicles per day traffic volume that passes through the corridor.
The Property’s appeal is further amplified by its prime location in Huntington Park, one of Los Angeles’ key employment hubs. The immediate surrounding area boasts a daytime workplace population of more than 30,000 workers within a one-mile radius and is situated adjacent to Huntington Park High School, which has an enrollment of 1,500 students. Additionally, the area is characterized by extremely dense demographics, with over 300,000 residents within a three-mile radius and more than one million within five miles. The Property also benefits from convenient access to I-110 and I-710, two of Southern California’s busiest interstates, as well as being located just 5.0 miles south of Los Angeles’ Fashion and Arts Districts, enhancing both its accessibility and connectivity.
The Property’s anchor tenant, Starbucks, holds the title of the world’s largest and most iconic coffeehouse chain. Starbucks has expanded to operate an impressive 40,199 locations across 87 countries, highlighting its widespread global presence and lasting appeal. With a market valuation of approximately $104.59 billion as of January 2025, the company remains a leader in both market share and financial strength. Similarly, the Property’s other tenant, Subway, is among the largest quick-service restaurant brands globally, widely recognized for its customizable submarine sandwiches. In 2024, Subway showcased its growth ambitions by securing commitments for over 10,000 future restaurant openings, aiming to significantly exceed its expansion pace from 2019. Furthermore, the company embarked on a new strategic chapter in April 2024, completing its acquisition by affiliates of Roark Capital.