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11021 W Pico Blvd

6,204 SF Retail Building Los Angeles, CA 90064 $6,752,336 CAD ($1,088 CAD/SF) 5.25% Cap Rate

INVESTMENT HIGHLIGHTS

  • Rare Westside Single Tenant NNN
  • Regional credit tenant with 17 locations in California, Texas and Arizona
  • 2.5 years remaining term with no options to extend
  • NNN lease with no Prop 13 protection
  • First time for sale in 75 years
  • Owner/User potential!

EXECUTIVE SUMMARY

First time on the market in 75 years. Rare Westside Single Tenant NNN lease with no Prop 13 protection.

DATA ROOM Click Here to Access

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,204 SF
Year Built/Renovated
1948/2002
Price
$6,752,336 CAD
Price Per SF
$1,088 CAD
Cap Rate
5.25%
NOI
$354,498 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.23 AC
Zoning
LAC2 - Commercial use
Parking
18 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
93 ft on Pico Boulevard

AMENITIES

  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Established in the United States in 1980, Barbeques Galore began its story with a simple love for barbecuing and a desire to share that passion for the grill with everyone. Starting as a humble brick-and-mortar store, they quickly grew larger and larger, expanding their reach throughout California, Nevada, Arizona, Texas, and anywhere the sun shines bright and outdoor living is a year-round indulgence. Before they knew it, Barbeques Galore became the nation’s largest specialty retailer of grills and outdoor living products. Yet, despite their growth, they continued to fulfill their original promise: to provide their community with the best quality outdoor cooking and living products.

  • Clear Channel Outdoor
  • Information
  • -
  • $9.99
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Clear Channel Outdoor Information - $9.99 - -
Walk Score®
Very Walkable (83)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Banc of California
Smart & Final
City National Bank
California Bank & Trust
Starbucks
Club Pilates
Nijiya Market
CrossFit
Lemonade
The Perfect Workout

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4322-015-014
Land Assessment
$1,954,955 CAD
Improvements Assessment
$1,064,854 CAD
Total Assessment
$3,019,809 CAD
  • Listing ID: 28855297

  • Date on Market: 2023-06-26

  • Last Updated:

  • Address: 11021 W Pico Blvd, Los Angeles, CA 90064

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