Auto repair property in Northern Los Angeles

2,000,000 $
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Total area: 114 m² Yield: 5.0% Built in 1939
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Features
  • Absolute return: 91,244 €
  • Land area: 690 m²
  • 1-floor building
  • Percentage of the rented area: 100%
  • Number of parking lots: 10
  • Broker: 2.5%
  • Street retail

It is an auto repair shop in Glendale.

Description

The total area of a single-storey building is 114 m².

The plot of of 690 m².

The property was built in 1939 and now is in good overall condition.

There is a parking for 10 cars.

The property is fully leased out to a major tenant.

Financial performance

Absolute income is 100,600 $.

The current yield of 5%.

Broker's fee of 2,5%.

Tenants

The tenant is regional auto dealer.

The NNN lease agreement means that all operating costs are borne by the tenant.

Location and nearby objects

supermarket-icon
Supermarkets
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Schools
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Cafe and restaurants
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Hospitals
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Airports
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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
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