Strip center in Los Angeles

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Strip center in Los Angeles

$4,465,000
$3,761 /m²
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  • Total area
    1,187 m²
  • Yield
    5.6%
Details
Property parameters
  • Land area: 3,110 m²
  • Total premises: 10
  • 1-floor building
Financial performance
  • Annual income: $240,556
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.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Los Angeles.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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