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AutoZone Signs 10-Year Lease At Monrovia Plaza Retail Center Represented By SharpLine And Canaan Pacific Inc
LEASED
California
See Similar DealsRetail15,750 SF
Leased 11/04/2024
LEASED
AutoZone Signs 10-Year Lease At Monrovia Plaza Retail Center Represented By SharpLine And Canaan Pacific Inc
300 West Huntington Drive
See Similar DealsRetail15,750 SF
Leased 11/04/2024
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:15,750 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 300 West Huntington Drive in Monrovia, California. It features a total area of 15,750 square feet within the Monrovia Plaza, a 140,000-square-foot retail center, which is now fully occupied.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Lease Term: 10-year
- Tenant: AutoZone
- Landlord's Representative: Barbara Armendariz & Samantha Armendariz - SharpLine
- Tenant's Representative: Michael Lundin - Canaan Pacific Inc
- Market: Monrovia
This lease was brokered by SharpLine, with Barbara and Samantha Armendariz representing the landlord. AutoZone is scheduled to open in early 2025, joining an anchor lineup that includes Baja Ranch Supermarket.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$902,780.50
Total Lease Value
$9,027,804.96
Net Landlord Cash Flow$902,780.50
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