Business Summary
Long Term Tenants Shopping Center Los Angeles!
Shopping Center With Real Estate Available In The Heart Of Los Angeles – $3,495,000!
Primary Features:
* Shopping Center With Real Estate Available!
* Located In The Heart Of Los Angeles!
* Only 3 Minutes Away From Freeway!
* High Traffic Signalized Corner!
* National & Regional Multi Tenant Shopping Center!
* Completely Remodeled In 2008!
* 100% Fully Occupied!
* Excellent Tenant Mix!
* Includes Retail Stores & Offices!
* All Leases Are NNN!
* All Tenants Signed Long Term Lease Since 2008!
* Densely Populated Area!
* Over 65,000 People Within One Mile Radius!
* Very Heavy Traffic Area!
* Numerous Retail & Restaurants At Other Corners!
* Fantastic Opportunity For Investors!
* Shopping Center With Long Term Leases!
* National Credit Names On The Same Block!
* Minimum Management Responsibility!
* Total 23 Parking Space Including Handicap!
Benefits:
* Multi Tenants Shopping Center In Los Angeles!
* Major Signalized Corner!
* Fully Leased!
* Center Was Built In Year 2000!
* Complete Remodeled In Year 2008!
* 100% Occupied With Mix Tenants!
* All Long Term Leases!
* Densely Populated Location!
* Heavy Traffic Corner!
* Plenty Of Parking Spaces On Site!
* National Credit Tenants Just Around The Block!
* CVS, Pizza Hut and 7- Eleven Are Neighbors!
* Approximately 120 Feet Frontage On Main Street!
* One Block [Only 3 Minutes] From Major Freeway!
* Assumable Loan At $2,000,000!
* At 5.8% Fix Interest Rate!
* Seller Will Also Carry Second Trust Deed Loan!
* Seller Carry Up To $500,00 At 5% Interest!
* Very High CAP Rate At 7.40%
* Wonderful Opportunity For Investor!
Financials:
* Operating Expense: $61,300
* Net Operating Income: $257,328
* Zoning: LAC2
* No. Of Building: 1
* No. Of Floor: 1
* Parking Space: 23
* CAP Rate: 7.40%
BIZ Analysis/ Recommendations:
Outstanding Opportunity – Great Location – High Traffic Count “HARD CORNERâ€! Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].
Property Details
Size:
Lot Size Total 14,300 Sq. Ft. Building Size Total 5,420 Sq. Ft.