The subject property is located on 17,821 SF of LAC2 zoned land with improvements totaling 9,334 SF. The property stretches from the corner of 70th to 71st St. with a total frontage of 234 ft along Vermont Ave. Vermont Ave. is considered a commercial thoroughfare within the Vermont Corridor Community with a daily car count of 25,000 cars per day.

The offering consists of a body repair shop, auto repair shop, and banquet hall. There is also a small median in-front of the property providing additional street parking. All traffic traveling northbound has the ability to make a left onto 70th & 71st St. Giving additional westbound accessibility.

The body repair shop is on a one year lease thru April 2017 and shares the south portion of the property with the auto repair shop, totaling approx. 12,068 SF of land. The auto repair shop is on a lease thru January 2020. (See pg. 4 for a list of equipment tendered to the mechanic)

The banquet hall is on a lease thru July 2018 and has been at this location since 2010. The operator of the banquet hall owns and operates other several other locations.

This offering will attract an investor who would like to take advantage of the property's location and immense frontage along a commercial thoroughfare spanning from corner to corner.

The offering is located along Vermont Ave stretching from 70th to 71st St. within the Vermont Corridor Community.

The property offers excellent exposure due to its frontage stretching from corner to corner. It is just north of Florence Ave and less than a mile from the 110 Freeway entrance.

The immediate area benefits from excellent car traffic counts and dense demographics; offering over 60,000 people residing within a one mile radius and over 490,000 people residing within a 3 mile radius.

You may view an Aerial Video of the property at: https://www.youtube.com/watch?v=lV63rtc3nWk

Location Description:

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