Available For Sale - Retail

10,270 SF | Show Pricing $

AVAILABILITY DETAILS

Size
10,270 SF
Price/SF
Show Pricing $
Listing ID
SA397420
Notes
NAI Capital is pleased to present 12150 Hamlin St, a two-story mixed-use offering in the heart of prime North Hollywood. The offering consists of eleven tenant suites, with 100% current occupancy. The 10,270 SF two-story property includes ground floor retail and second story office, zoned C2. Offered at a phenomenal 6.19% cap rate year 1 /6.90% cap rate year 2 based on scheduled increases in place with stabilized tenant mix, including home health care, medical supply, and service based retail. The property offers incredible flexibility for an investor to enjoy the benefit of stabilized, staggered leases that are currently below market with huge upside potential, and shared ownership of over 100 parking spaces in adjacent lot.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Rose O'Sullivan, NAI Capital