Strip center in Los Angeles

Additional information is provided after the signing of an NDA

Strip center in Los Angeles

$4,465,000
$3,761 /m²
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  • Total area
    1,187 m²
  • Yield
    5.6 %
  • Rental rate (m²/month)
    $16.6
Details
Property parameters
  • Land area: 3,110 m²
  • Total premises: 10
  • 1-floor building
Financial performance
  • Annual income: $250,459
Tenants
  • Fully let

It is a strip center for sale in North-Western part of Los Angeles.

Description

The total area of a single-storey building is 1,187 m².

The plot of 3,110 m².

The property is divided into 10 separate premises.

The building is in good condition, it features new HVAC, roof, plumbing and painting.

There is also a parking.

All areas are leased out to various tenants.

Financial performance

Absolute income is 254,054 $.

The current yield of 5,6%.

Tenants

The tenants are various retailers.

All agreements are NNN-type, which frees the owner from operating and insurance costs.

Location and nearby infrastructure

The property is situated in the retail corridor near residential area.

Public transportation are within the walking distance.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other supermarkets for sale in the USA.

You can see more supermarkets for sale in Los Angeles elsewhere on our website.

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