+44 20 3608 1267
Shop with yield of 5,9%, Los Angeles, USA

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Shop with yield of 5,9%, Los Angeles, USA

2,698,000 €
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Yield: 5.9%
  • Absolute return: 150,188 €
  • Land area: 1,751 m²
  • Renter: 100%
  • Lettable area: 759 m²
  • 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

Shop situated in area with high population density and extended infrastructure.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Los Angeles
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