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CULVER CITY, CALIF. — Niki Properties has completed the disposition of a single-tenant, 32,873-square-foot retail building located at 5660 W. Sepulveda Blvd. in Culver City.
An undisclosed buyer acquired the property for $23.5 million. Situated on 2.6 acres, the property is triple-net leased to Sprouts Farmers Market through 2025.
Gleb Lvovich, Nick Foster, CJ Osbrink and Bryan Ley of HFF represented the seller in the transaction.