Savers | Premier Single Tenant NNN

Highlights:

• Brand New, Fully Renovated Store, Opened in 2024
• Leased to Savers (NYSE:SVV), the largest for profit thrift retailer in North America with over 350 plus locations
• 10-Year Corporate NNN lease with (2) five-year options with 10% rental increase
• Strong Retail Category with 30% year-over-year growth
• Located in Dominate Retail Corridor across the street from Lakewood Mall, Costco, Home Depot and Target
• Irreplaceable infill Los Angeles County location with over 671,000 people and $117,000 household income within 5 miles radius
• Perfect for 1031 and Passive Buyer.

Description:

Kidder Mathews is pleased to exclusively offer for sale this exceptional Single-Tenant NNN opportunity leased to Savers, located at 5227 Lakewood Blvd, in the City of Lakewood, California 90712.

Savers (NYSE: SVV) is the largest for-profit thrift retailer in North America, operating over 351 locations across the United States, Canada and Australia. With annual revenue exceeding $1.65 billion, Savers continues to grow its market presence and customer base, solidifying its position as one of the fastest-growing chains in the secondhand retail sector.

The U.S secondhand market is experiencing rapid expansion, valued at approximately $50 billion in 2024, a 30% increase from the prior year. It is projected to grow to $59 billion in 2025 and reach $73 billion by 2028, with an average annual growth rate of 11%.

This location opened in 2024 and is secured under a new 10-year NNN lease with two (2) five-year renewal options, featuring 10% rental increases every five years throughout the base and option periods. The lease is corporate-guaranteed, and the NNN structure provides for minimal landlord responsibilities, making this an ideal investment for a 1031 exchange or passive investor seeking dependable, long-term income.

The property consists of an approximately 29,039 square foot free standing building situated on a ±1.46 acres parcel by the high-traffic intersection of Lakewood Blvd and Del Amo Blvd-one of the busiest corners in the Southeast Los Angeles County submarket. The site is directly across the street from Lakewood Center Mall and surrounded by a strong mix of nationals retailers, including Costco, Home Depot, Target, Macy, Best Buy, Hobby Lobby, Cost Plus, Petco, Starbucks, Chick-fil-A, and Red Lobster, generating year-round consumer activity.

Strategically positioned in the heart of the Southeast Los Angeles County metro area, adjacent to Long Beach and just minutes from Orange County. Lakewood offers investors access to a dense, established trade area with strong regional connectivity. The property is supported by a population of over 671,000 within a 5 miles radius, boasting an average household income exceeding $117,000. With direct access to major Southern California arteries—including the 405, I-5, 605, and 710 Freeway—the site is just ±20 minutes away from LAX, ±20 minutes away from Downtown Los Angeles, and ±20 minutes to Orange County. This high visible, high-performing retail asset is surrounded by a dynamic mix of national retailers, commercial activity, and established residential neighborhoods, driving consistent traffic and long-term demand.

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