16450 Ventura Blvd, Encino, CA, 91436
Gelson’s
Key Information
Highlights
• Signalized Ventura Boulevard corner with 42,110+ vehicles per day in an affluent, supply-constrained retail market.
• Tenant is responsible for the roof, structure, HVAC, and operating expenses, minimizing landlord obligations.
• Gelson’s has operated at this location since 1959, demonstrating a long-standing commitment to the property.
• 1.5% or CPI bi-annual increases provide consistent contractual rent growth.
• Gelson’s is wholly owned by publicly traded global retailer Pan Pacific International Holdings (TSE: 7532).
• Gelson’s operates 27+ locations across Southern California with a loyal, high-income customer base.
• PPIH continues to invest in store remodels, technology, and modernization across the Gelson’s portfolio.
• Average household income exceeds $185,000 within one mile, with $2.2 billion in consumer spending within three miles.
• Grocery demand supports consistent customer traffic and recurring consumer spending.
• Minutes from U.S. 101 and I-405, providing connectivity throughout the greater Los Angeles area.
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