Business Summary
Street Retail Lot Rare Credit Tenant In LA!
Retail Lot In Los Angeles With Long Term Credit Tenant For Next 10 Years- $2,599,000!
Primary Features:
* Unbelievable Investment Opportunity!
* Price Reduced $100K – May 2014!
* Street Retail Lot On Busy Street!
* Property Located In Los Angeles Minutes Away From Downtown!
* Less Than A Minute From Major Freeway!
* Occupying Both Corners On A Busy Street!
* No Barriers For Entry!
* Very HIgh Visibility!
* Free Standing Building!
* Single Tenant Street Retail!
* One Story Building!
* Fully Renovated In 2013!
* Currently Leased To A NYSE Retail Store!
* Just Signed A Brand New 10 Years NN Lease!
* This Credit Tenant Is Publicly Traded on the NYSE!
* This Credit Tenant Has Over 7,000 Locations Nationwide!
* The Company Generates $6.98 Billion In Sales Last Year!
* Total Building Size 8,260 Square Feet!
* Lot Size 19,994 Square Feet!
* High CAP Rate At 5.77%!
* 100% Occupancy For The Next 10 Years!
* 10+ Years Left On The Lease!
Benefits:
* Property Located In Dense Populated LA Trade Area!
* Minutes Away From Los Angeles Downtown!
* Highly Visible Corner Retail Property!
* Almost 30,000 ars Drive By Per Day!
* Other Nationwide Food Franchise & Pharmacy Next Door!
* Rare National Credit Store As Tenant!
* NN Lease PRovides Minimal Landlord Responsibilities!
* Landlord Is Responsible For Roof & Structure!
* Only Needs To Work With One Single Tenant!
* Tenant Just Renew The Lease For 10 More Years!
* Very Stable NYSE Company Tenant!
* You Will Not Go Wrong Owning This Property!
Financials:
* Property Type: Street Retail
* Tenancy: Single Tenant
* NOI: $150,000
* Occupancy: 100%
* No. Of Stories: 1
* CAP Rate: 5.77%
* Real Estate: For Sale [Not Including Business]
BIZ Analysis / Recommendations:
This Property Is A Very Busy Retail Spot. Long Term Tenants Just Renewed Lease For Another 10 Years! Great Location In Los Angeles! Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].
Property Details
Size:
Building Size: 8,260 SF.
Lot Size: 19,994 SF