Shop, Los Angeles, USA

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Shop, Los Angeles, USA

$2,850,000
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  • Yield
    5.9 %
  • Rental rate (m²/month)
    $18.7
Details
Property parameters
  • Leasable area: 759 m²
  • Land area: 1,751 m²
Financial performance
  • Annual income: $175,391
Tenants
  • Fully let
  • End of lease: 2024
Features
  • Street retail

It is a shop in a free standing building.

Description

Lettable area of 759 m²

The property is leased out to a single tenant.

Financial performance

Absolute income is 168,150 $.

The current yield of 5,9%.

Tenants

The tenant is a large shop chain ”Family Dollar“.

The lease agreement is signed for 10 years until 2024 with extension options for 5 years and 10% rent indexation each 5 years.

Location and nearby infrastructure

The shop is situated in the area with a high population density and an extended infrastructure.

  • 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 retail space for sale in the USA.

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

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Los Angeles
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