Business Summary
7.51% CAP Investment Property Successful Tenant!
Investment Retail Property Leased To Successful Tenant in South Los Angeles- $1,600,000!
Primary Features:
* High Capital Return Investment Property!
* Free Standing Building Fully Leased!
* Single Tenant Coin Laundry!
* Additional Rental Income From A Kiosk!
* Very Busy Laundry Serving Local Residents!
* Tenant Is Very Well Established Laundromat!
* This Laundromat Has 3 Other Locations In Los Angeles!
* Leased Guaranteed By The Incorporated System!
* Very Stable & Long Term Tenant!
* Tenant Has Over $1.5M Invested In The Facility!
* Tenant Is Planning On Long Term Stay!
* NNN Lease Type!
* Fantastic Location For A Laundromat!
* 7 Miles Away From LA Downtown!
* Has Over 2,000 Apartments Around The Blocks!
* Unlimited Supply Of Customers Needing Laundry Service!
Benefits:
* Property Located In One Of The Largest City in South CA!
* Extremely High Density Population City!
* About 15,000 Cars Drive By This Location Every Day!
* Couple Thousands Apartments Around The Block!
* Very High Demand For Laundry Service Daily!
* One Anchor Tenant With A Kiosk!
* Three Years Left On The Lease!
* Very Stable Tenant With Successful Business!
* Attractive High Yield To Investor!
* High CAP Rate At 7.51%
* Own Your Land In One Of The Largest City In LA!
* Have A Credit Tenants For Long Term!
* Enjoy The Real Estate Gain In Time!
Financials:
* Net Operating Income: $120,207
* Property Type: Retail
* No. Of Stories: One
* Current Lease Type: Net Lease
* Lease Term: 3 Years Left On Lease
* Occupancy: 100%
* CAP Rate: 7.51%
* Real Estate Only For Sale [Business NOT Included]
BIZ Analysis / Recommendations:
Great Opportunity To Own A Retail Investment Property With High CAP Rate! Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].
Property Details
Size:
Building Size: 5,600 SF.
Lot Size: 16,797 SF
For Business Investors