Baldwin Village multi-tenant retail opportunity situated on 24,937 square foot parcel. There are two free-standing retail buildings with 200 Feet of Martin Luther King Jr. Blvd frontage. The current tenancy has a diverse tenant mix which are all on month-to-month leases, paying only their own electrical meter (Modified Gross). An Owner-user can immediately capture the upside for any of the unused square footage by implement NNN leases and raising to market rents or an investor could
boost up their Cap Rate with these long-term seasoned tenants. The Zoning and State Enterprise Zone will allow Medical Office or Restaurant conversion with the reduced parking requirements under this designation. In 2021 due to this reduced parking concession allowed, the Certificate of Occupancy was modified from Grocery Store to Restaurant It's situated in density location and adjacent to the Baldwin HIlls Crenshaw Mall.