13038 San Vicente Blvd - Freestanding FOR SALE


Los Angeles, CA 90049- Brentwood
$22,207,000 USD
949-725-8582
13038 San Vicente Blvd, Los Angeles, CA for Sale
$22,207,000 USD
Freestanding - FOR SALE
1/6
null | 5% Cap Rate

13038 San Vicente Blvd
Los Angeles, CA 90049
Brentwood


HIGHLIGHTS

  • Irreplaceable San Vicente Trophy Asset – Theory represents a generational acquisition opportunity along San Vicente Blvd
  • New, Long Term NNN Lease – Theory recently signed a 10–year NNN lease (2035 expiration) with attractive 3% annual increases
  • Premier Brentwood Retail Corridor – Positioned immediately adjacent to the Brentwood Country Mart and Brentwood Town Center
  • Coveted San Vicente Blvd Location – Prime visibility, steady foot and vehicle traffic, and a captive affluent clientele

OVERVIEW

* Irreplaceable San Vicente Trophy Asset – Theory represents a generational acquisition opportunity along San Vicente Blvd in one of Los Angeles’ most prestigious neighborhoods, supported by strong population density, consistent growth, and proven value retention * New, Long Term NNN Lease – Theory recently signed a 10–year NNN lease (2035 expiration) with attractive 3% annual increases, including one 5–year option to renew, demonstrating the tenant’s strong commitment to this location * Premier Brentwood Retail Corridor – Positioned immediately adjacent to the Brentwood Country Mart and Brentwood Town Center, two of West LA’s most prestigious lifestyle destinations. These open-air retail villages draw a steady stream of affluent residents, shoppers, and visitors year-round * Coveted San Vicente Blvd Location – Prime visibility, steady foot and vehicle traffic, and a captive affluent clientele. Nestled in West LA’s luxury core, surrounded by high-end residences with household incomes exceeding $350K within 1 mile, where virtually no new retail development is permitted

FOR SALE DETAILS

PRICE

$22,207,000 USD

PRICE/SF

$2,372 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Theory

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

LAC1

APN/PARCEL ID

4264-001-004

ASK ABOUT THIS PROPERTY

Erin SmithCBREMore Info
949-725-8582

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Erin SmithCBREMore Info
949-725-8582

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.