+44 20 3608 1267
Strip center with yield of 9%, Los Angeles, USA

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Strip center with yield of 9%, Los Angeles, USA

3,490,000 $
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Yield: 9.0%
  • Absolute return: 285,200 €
  • Land area: 912 m²
  • Percentage of the rented area: 100%
  • Lettable area: 423 m²
  • Street retail

It is a strip center for sale.

Description

Center area is 423 m²

It's leased out to three tenants.

Financial performance

Absolute income is 314,100 $.

The current yield of 9%.

Tenants

The tenants are shopping center and coin laundry.

Location

Property situated in a residential and commercial neighborhood in Central Los Angeles. It's in close vicinity of park, restaurants and public transport stops.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Los Angeles
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