6607 Atlantic Ave, Bell, CA, 90201

Highlights

• Price: $10,400,000
• Net Operating Income: $572,400
• Cap Rate: 5.5%
• Lease Type: NNN
• Guarantee: WSS Corporate Signature
• Tenants: Eurostar, Inc. (dba WSS) Ionna, LLC
• Landlord Responsibility: Roof and Structure (New Roof 2024)
• Sales Reporting: No

Description

NAI Capital Commercial, Inc. is pleased to offer the opportunity to acquire a fee simple interest (land & building ownership) in a two tenant
NNN leased investment including a freestanding corporate signed WSS (Warehouse Shoe Sales) and 12 EV charging stations being developed
by Ionna, LLC. The WSS lease commenced in September of 2024 with a primary term of 10 years plus 4–5-year options. The lease feature 12 ½ increase every 5 years. The WSS lease is NNN with limited landlord responsibilities, making this an ideal, low management investment for a passive investor. The Ionna’s lease is to commence on December 10th, 2025, with a primary term of 10 years plus 2–5-year options. The lease features 3% annual increases with the tenant responsible all maintenance of its charging stations.

ABOUT
WSS (Formerly Warehouse Shoe Sales) is a major U.S. footwear retailer known for top brand athletic, dress, fashion and casual footwear. WSS was originally founded in 1984 by Eric Alon. The company has grown to 151 stores in 5 states (California, Nevada, Arizona, Texas and Florida). WSS was acquired by Foot Locker in 2021, and Foot Locker was subsequently acquired by Dicks Sporting Goods in 2025. WSS operates as a wholly owned subsidiary of Dick’s Sporting Goods and continues to grow through existing markets. WSS primarily serves urban and Latino working class neighborhoods.

ABOUT
Ionna is a nationwide charging network founded by eight of the world’s biggest automakers, BMW, General Motors, Honda, Hyundai, MercedesBenz, Kia, Stellantis and Toyota. With 4,000 bays contracted across the US and 1,100 bays currently under construction Ionna has plans for 30,000 charging points by 2030. Ionna recently announced over $250 million of planned investment in California EV infrastructure.

The property is strategically located along the major retail corridor of Atlantic Avenue in the City of Bell, just off Gage Avenue with combined traffic counts at the intersection in excess of 42,181 vehicles per day.

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