The Property is currently owned by a subsidiary of Reading International, Inc., (NASDAQ: RDI) and occupied approximately 50% by Reading International, Inc., and 50% WorldWide Packaging, LLC, under a long-term lease. The Structure provides flexibility to a buyer, as Reading International, Inc., is prepared to vacate its offices on the third floor or remain under a market lease structure.
Direct freeway adjacency to the I-405 offers a tenant or owner a superb building-top signage opportunity, visible to over 316,000+ vehicles per day. Additionally, 5995 Sepulveda is located directly across the street from the Westfield Culver City, offering a walkable amenity package that is unmatched in Culver City.