Assets
Retail · Los Angeles Mid-Wilshire / Fairfax

The Grove at Farmers Market

189 The Grove Drive, Los Angeles Mid-Wilshire / Fairfax · Built 1970 · 2 floors
Partial
Current value
$1.10B
4.3% 1-yr (modeled)
Cap rate
Free account
Value $/SF
$1,913
$884.4M$944.1M$1.00B$1.06B$1.12B201920202021202220232024Modeled trajectory — no observed history
sourcedmodeled0 of 6 sourced

Ownership & debt

Ownership chain & debt stack
Owner of record: Caruso (Caruso Affiliated) — operates The Grove under a long-term ground lease; underlying land owned by the A.F. Gilmore Company / Gilmore family.
2 recorded holders · 2 beneficial owners · chain resolves 2 levels, with each holder's interest percentage and class.

Tenants & leasing

Tenant roster & leasing
2 tenants of record, with GLA, floor, lease expiration and base rent — plus occupancy, WALT and the rollover stack.

Underwriting

Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.