Shop, Los Angeles, USA

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Shop, Los Angeles, USA

2,850,000 $
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Yield: 5.9%
  • Absolute return: 150,188 €
  • Land area: 1,751 m²
  • Percentage of the rented area: 100%
  • Lettable area: 759 m²
  • End of lease: 2024
  • 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 objects

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

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