1125 Manhattan Ave - Storefront FOR SALE
Manhattan Beach, CA 90266 |
1125 Manhattan Ave
Manhattan Beach, CA 90266
HIGHLIGHTS
- Generational Trophy Asset – This is The Manhattan’s First Time on the Market Since 1947.
- Ideal Property and Unit Size – Five Perfectly Sized Retail Units Between 1,300-2,250 Square Feet Each - Help Maximize Rent Collections.
- Excellent Tenant Mix – Consisting of Four Restaurants and One Boutique Clothing Store.
- Fee Simple Ownership Includes Improvements – Allows for Depreciation, which Enhances After-Tax Cash Flow.
- Delivered Free and Clear of Debt – Ability to Buy All-Cash or Obtain Financing at Today’s Attractive Rates.
- Strong Inflation Hedge – The Existing Leases Contain Strong Annual Rental Increases During Initial Lease Term and Option Periods.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Manhattan on Pier
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Fast Food, Restaurant
TOTAL BUILDING SIZE
8050
STORIES
1
YEAR BUILT
1946
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
4179-022-006
