Watson Crossing III: 13,500 SF Walmart Shadow Center – Retail Investment

-Watson Crossing III is a retail opportunity located along LA-16, a Walmart-anchored retail corridor. The offered portion of the center is 13,500 SF, currently 82% occupied and featuring high-end quality construction. 2,400 SF is available for an owner occupant or value-add opportunity. Tenants include Between the Lines Driving Academy, AT&T, Overtones Music Academy, NV Nails, and LA Dance. Co-tenants in the center include Smoothie King, Casa Maria Mexican Grill, Dollar Tree, Tech Genius, and K. Laneé Boutique. The asset yields an NOI of $197,208 – includes landlord guaranteeing the 2,400 SF vacant space at $15.75 PSF.