8559 S. Broadway St., Los Angeles, CA
Retail for Sale - $1,100,000 - 4,249 Sq. Ft. on 7000 acres
Property Info
| CIMLS# | 787235 |
| Location 8559 S. Broadway St. Los Angeles CA 90003 | |
| Updated | May 19th, 2015 |
| Type | Retail |
| Price | $1,100,000 |
| Building | 4,249 Sq. Ft. |
| Land | 7000 acres |
Property Description
A Great Investment or Owner/User property consisting of three stores with 4249 square feet of building
space and totaling 7000 square feet. It is zoned for LAC2, and located in a populated area with a lot of
foot traffic. Currently this property has one tenant and They are negotiating for
the vacant stores for leasing.
Buyer Must Verify All Information
Location Description:
This populated location is suitable for national and franchise tenants and is located across the street from Bank Of America. It is currently surrounded with national and franchise tenants. This property has two tenants, on a month to month basis, which keeps this property flexible for the new owner(s) to move forward with whatever their plans are for this great investment.
Highlights:
>> Surrounded With National & Franchise Tenants, Located Across the Street From Bank Of America
>> A Great Investment Opportunity To Bring National Or Franchise Tenants In
>> Or Could Be Owner User & Enjoy The Income
>> Located Near Downtown LA, and USC.
>> Room for Development Behind The Building, Or for Use As A Patio For A Restaurant, Or Many More
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Financials
Sales Info:
>> Cap rate: 6.8%
>> Commision split: 2.0%
>> NOI: $22231
