2051 E Florence Ave - Fast Food FOR SALE
Los Angeles, CA 90001 |
$5,504,000 USD
858-427-1332
2051 E Florence Ave
Los Angeles, CA 90001
HIGHLIGHTS
- Absolute NNN lease with tenant responsible for all expenses and no landlord duties.
- Prime signalized intersection with ±81,420 VPD and dense 5-mile population of 1,065,999.
- World-renowned Burger King brand with 19,300+ locations in 100+ countries.
- Located in a high-demand Los Angeles retail corridor with strong national co-tenancy.
- 4.50% cap rate with $247,680 annual rent and ±8 years remaining on lease.
- Built in 1989 on a ±0.57 acre lot with ±2,400 SF building.
FOR SALE DETAILS
PRICE
$5,504,000 USD
PRICE/SF
$2,360 USD /SF
CAP RATE
4.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Burger King
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
0.57 AC
LAND SF
25,014 SF
ZONING
M3*
APN/PARCEL ID
6009-039-048
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858-427-1332
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858-427-1332
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