4356 Leimert Blvd - Restaurant FOR SALE


Los Angeles, CA 90008- Leimert Park
$2,790,000 USD
317-218-5316
4356 Leimert Blvd, Los Angeles, CA for Sale
$2,790,000 USD
Restaurant - FOR SALE
1/4
null | 4.75% Cap Rate

4356 Leimert Blvd
Los Angeles, CA 90008
Leimert Park


HIGHLIGHTS

  • Institutional-Quality Net Lease Investment | Minutes from Downtown Los Angeles
  • 9.5+ Years of Guaranteed Cash Flow
  • The lease features strong 1.50% annual rent increases throughout both the base term and all three renewal options
  • Southern California Pizza Company, California's largest Pizza Hut franchisee, operating nearly 300 locations throughout the region
  • A true passive investment with tenant responsible for taxes, insurance, maintenance, roof, structure, parking lot, HVAC, and all operating expenses

OVERVIEW

Tony Solomon | Broker of Record | 23975 Park Sorrento, Suite #400, Calabasas, CA 91302 | 310-909-5500 | License #01238010 The Klink Group of Marcus & Millichap is pleased to exclusively present Pizza Hut/WingStreet, a premier net lease investment opportunity located in the heart of Los Angeles, California. This offering features an absolute triple-net leased Pizza Hut/WingStreet with more than 9.5 years of firm lease term remaining, providing investors with durable, passive cash flow backed by an established operator in one of the country's most supply-constrained retail markets. The lease is structured with rare 1.50% annual rental increases throughout both the remaining base term and each of the three (3), five-year renewal options, creating consistent NOI growth while providing a meaningful hedge against inflation. The tenant is responsible for all operating expenses; there are zero landlord responsibilities

FOR SALE DETAILS

PRICE

$2,790,000 USD

PRICE/SF

$1,501 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut Wingstreet

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

LAC1.5

APN/PARCEL ID

5023-009-021

ASK ABOUT THIS PROPERTY

Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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