AT&T and Western Dental

Single Tenant NNN Corporately Leased AT&T for Sale

Single Tenant NNN Corporately Leased Western Dental for Sale

COMBINED PRICE: $4,586,000 / 6.33% CAP RATE (2026)

Two (2) Corporate Single Tenant Net Leased Opportunities w/ Upside located within Antelope Valley Plaza, a highly successful shopping center anchored by Smart & Final, CVS, and DD's.

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• ‍Two (2) Separately Parceled, Single-Tenant Buildings on NNN Corporate Leases with AT&T and Western Dental
• ‍Investment Grade Credit Rating / National Tenants - The subject property is leased to AT&T and Western Dental, both well known national tenants, creating security for the investor - AT&T is S&P Credit Rated BBB
• Historically Stable Asset / Proven Location - AT&T has been at this location since 2006 and has renewed in the past. Western Dental has been at this location since 2019 and recently took rental increase‍
• Recent Renewal - AT&T just gave notice to the Landlord of their intent to renew their lease for an additional 5 years
• Excellent Co-Tenancy - The shopping center is anchored by a new Smart & Final (opened in October 2023), along with CVS, DD’s, AT&T, Western Dental, Supercuts, etc. creating top tier customer draw and strong tenant synergy‍
• Highly Ranked / Proven Location - Highly successful tenants within the shopping center (Source: Placer.ai)‍
  • AT&T is ranked in the top 85 percentile of busiest AT&T stores nationwide according‍
  • Western Dental in the top 80 percentile of busiest Western Dental stores in a 30-mile radius‍
  • CVS is ranked as the #1 busiest CVS store in the trade area, and ranks in the top 95 percentile nationwide
  • DD’s Discounts is ranked as the #1 busiest DD’s store in the trade area‍
  • The overall shopping center draws in 1.5M customers annually and has seen substantial year over year traffic growth
    • Visits YoY +33.5%
    • Visits Yo2Y +38.7%
    • Visits Yo3Y +45.1%

• Ideally Located at Signalized, Hard Corner Intersection of W Avenue J and 20th Street W - Nearly 60,000 vehicles per day at the intersection
• Outstanding Freeway On-Ramp & Off-Ramp Access - With new on-ramps and off-ramps being constructed directly behind the subject property, allowing for easier access to the shopping center and Avenue J.‍
• Strong Demographics - Over 167,000 people living within a 5-mile radius, with an average household income above $82,000

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