Retail building in Hollywood

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Retail building in Hollywood

$3,210,000
$3,839 /m²
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  • Total area
    836 m²
  • Yield
    6.0%
  • Built in 
    1957
Details
Property parameters
  • Land area: 1,431 m²
  • 1-floor building
Financial performance
  • Annual income: $185,491
Tenants
  • Fully let
Property status
  • Most recent total renovation: 2008
Transaction costs
  • Broker: 2.5%

It is a multi-functional commercial building.

Description

The total area of a single-storey building is 836 m².

The plot of 1431 m².

The property was built in 1957 and undertook complete renovation in 2008.

There is a parking nearby.

All areas are leased out to three tenants.

Financial performance

Absolute income is 192,600 $.

The current yield of 6%.

Broker's fee of 2,5%.

Tenants

The tenants are Kidz Kingdom kindergarten, VAN Bakery and Simple Floors furniture store.

All tenants are seasoned and have been at this location since 2008.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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