Sakura Noodle 620 E 7th St 7,500 SF Industrial Building Los Angeles, CA 90021 $2,540,589 CAD ($338.75 CAD/SF) 5.32% Cap Rate
INVESTMENT HIGHLIGHTS
- Good For Investor or User
- Concrete Construction, Fenced Yard
- Triple Net Lease in Place Until Oct 2025
- Downtown Los Angeles Location
EXECUTIVE SUMMARY
Triple Net (NNN) Leased Investment, 5.3% Cap Rate.
Occupancy for User/Owner by requesting tenant leave early.
Lease Expiration: 10/31/2025, with No Options.
Good for investor or 1031 exchange or user to occupy.
±7,500 SF Warehouse on ±8,724 SF Land. Fenced Parking in Rear and Gated Alley.
Concrete Block Warehouse built 1980, 18' High Roof, and 400 Amp 3 phase power.
1,200 SF Storage Mezzanine with forklift and stair access, included in 7,500 SF total.
2 Ground Level Loading Doors, in yard and on 7th St.
Neighborhood: Downtown Los Angeles Warehouse District Between the Fashion District & Arts District.
Asian Noodle Factory: Floor Drains, Gas Line, Drop Ceiling in Food Production / Processing area.
OM available upon request.
Occupancy for User/Owner by requesting tenant leave early.
Lease Expiration: 10/31/2025, with No Options.
Good for investor or 1031 exchange or user to occupy.
±7,500 SF Warehouse on ±8,724 SF Land. Fenced Parking in Rear and Gated Alley.
Concrete Block Warehouse built 1980, 18' High Roof, and 400 Amp 3 phase power.
1,200 SF Storage Mezzanine with forklift and stair access, included in 7,500 SF total.
2 Ground Level Loading Doors, in yard and on 7th St.
Neighborhood: Downtown Los Angeles Warehouse District Between the Fashion District & Arts District.
Asian Noodle Factory: Floor Drains, Gas Line, Drop Ceiling in Food Production / Processing area.
OM available upon request.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
AMENITIES
- Bus Line
1 of 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (95)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 5146-033-055 | Improvements Assessment | $533,710 CAD |
| Land Assessment | $226,555 CAD | Total Assessment | $760,265 CAD |
