Westchester Small-Format Target Near LAX Hits Market for $18.7MM at 5% Cap in 25,000 SQFT Net Lease Offering

A 25,400-square-foot small-format Target on S. Sepulveda Boulevard in Los Angeles' Westchester neighborhood is on the market for $18.72 million, a 5 percent cap rate that tests how much investors will pay for A-rated credit and irreplaceable infill land while national net lease yields sit at decade highs.