3635-3637 Cahuenga Blvd W - Veterinarian/Kennel FOR SALE


Los Angeles, CA 90068
$5,200,000 USD
949-769-0030
3635-3637 Cahuenga Blvd W, Los Angeles, CA for Sale
$5,200,000 USD
Veterinarian/Kennel - FOR SALE
1/9
null | 7.02% Cap Rate

3635-3637 Cahuenga Blvd W
Los Angeles, CA 90068


HIGHLIGHTS

  • Freestanding, Single Tenant Triple Net Investment

OVERVIEW

High-Quality, Veterinary Clinic: A single-tenant, net-leased investment opportunity. California Animal Rescue Emergency Services is the tenant. Superb Access: Located in Studio City. The property has a central location, adjacent to the 101 Freeway. Long-Term Lease with Increases for Renewal Term: Five years remaining on a ten-year lease term. The Lease expires in June 2030. The building is 100% leased with one (1) additional 5-year extension option, with a 3% rent increase. Newly Refurbished : The property underwent a renovation in 2020 for the specific build-out of the veterinary hospital. **PLEASE DO NOT DISTURB TENANT**

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$475 USD /SF

CAP RATE

7.02%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

C2-IVL

APN/PARCEL ID

2425-005-044,2425-005-045

ASK ABOUT THIS PROPERTY

Aaron DenikeRealHealth AdvisorsMore Info
949-769-0030

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Aaron DenikeRealHealth AdvisorsMore Info
949-769-0030

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