Showing posts with label Los Angeles Shopping Center For Sale. Show all posts
Showing posts with label Los Angeles Shopping Center For Sale. Show all posts

Monday, May 18, 2009

Los Angeles Shopping Center For Sale $2,980,000



Property Use Type:Investment
Type:Shopping Center
Strip Center
GLA:16,464 SF
Lot Size:26,625 SF
Occupancy:50.00%
Price:$2,980,000
Price/SF:$181.00
Cap Rate:10.83%
Net Lease Investment:Yes
Years left on Lease:3

Property Description:
Landmark two-story building suitable for restaurant, office/medical office, and retail stores that outshines neighboring structures in Historic Whittier Blvd District
Extremely high upside potential as pro forma cap rate is calculated based on very conservative rent rates for vacancies that are 60% less than in-place rents
High population density of over 800,000 in a 5-mile radius

Location Description:
High identity, high traffic corner location on Whittier Blvd with easy access to I-710, I-5, and I-60 freeways
Heavy traffic count of over 30,000 cars per day
High pedestrian traffic with convenient access to public transportation.

Financial Summary Actual
Net Operating Income:$322,734

Major Tenant Information Tenancy Type: Multiple

No Debt & Equity Information Provided

Tuesday, November 11, 2008

Los Angeles Shopping Center For Sale $3,600,000

Property Use Type:Investment
Type:Shopping Center
Theme/Festival Center
GLA:10,000 SF
Price:$3,600,000
Price/SF:$360.00

Property Description:
Big price reduction. Seller says make an offer. Seller may carry. Historic building in Central Plaza of Los Angeles Chinatown. Assesor say 7800 square feet but add a 450 squre foot roof deck and more than 500 square feet of new loft space, commercial loft space and total square footage is closer to 10000! Mixed-use building, retail and office on the gound floor, housing above. Building featured in many magazines, tv shows and movies which provide additional income. Fabulous live work loft upstairs featured on the cover of Dwell Magazine.

No Cash Flow Information Provided
Tenancy Type: Multiple
No Debt & Equity Information Provided






Monday, October 27, 2008

Los Angeles Shopping Center For Sale $3,199,000

Property Use Type:Investment
Type:Shopping Center
Community Center
GLA:4,629 SF
Lot Size:11,678 SF
Occupancy:100.00%
Price:$3,199,000
Price/SF:$691.08
Cap Rate:6.16%
Net Lease Investment:Yes
Years left on Lease:5




Property Description:
Retail Shopping Center with ±4,629 net rentable square feet.

Financial Summary Actual

Net Operating Income:$197,058

No Debt & Equity Information Provided


Wednesday, September 3, 2008

Los Angeles Shopping Center For Sale

Property Use Type:Investment
Type:Shopping Center
Community Center
GLA:8,723 SF
Lot Size:22,502 SF
Occupancy:100.00%
Price:Not Disclosed
Cap Rate:6.67%
Net Lease Investment:Yes
Years left on Lease:4

Property Description:
Shopping Center with ±8,723 net rentable square feet.