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Available For Sale - Retail

9,545 SF | Show Pricing $

AVAILABILITY DETAILS

Size
9,545 SF
Price/SF
Show Pricing $
Listing ID
SA450573
Notes
Located in Prime Koreatown, this retail portfolio is composed of three separate buildings and two adjacent parking lots. The buildings consist of 6 units totaling 9,545 in rentable sqft and a total aggregate lot size of 19,255 sqft.

3100 W Olympic Blvd is a single story, three-tenant building, built in 1925, that consists of two parcels situated on a high trafficked corner between W Olympic Blvd & S Kingsley Dr. The property has a 20 space parking lot.

3132 W Olympic Blvd consists of two separate buildings with a 9 space parking lot in between.

The corner structure is a single-story, two-tenant building, built in 1947. The second structure is a two-story, owner / user building that was built in 1981 and will be delivered vacant.

With a 7.3% Cap Rate this opportunity offers investors an ideal 1031-exchange, passive investment, or Owner-Partial User opportunity. The majority of tenants are responsible for most expenses and maintenance under the NNN lease. This investment opportunity requires limited management responsibility.
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
Megan Husri, The Seymour Group