4701-4725 S Broadway - Storefront FOR SALE


Los Angeles, CA 90037- Vernon-Main
$6,990,000 USD
310-650-3510
4701-4725 S Broadway, Los Angeles, CA for Sale
$6,990,000 USD
Storefront - FOR SALE
1/16
null | 6.4% Cap Rate

4701-4725 S Broadway
Los Angeles, CA 90037
Vernon-Main


HIGHLIGHTS

  • Potential Owner-User Opportunity
  • Value-Add Opportunity
  • Internet Resistant Tenant Mix
  • Double Signalized, Block to Block Frontage
  • Dense Urban Infill Area
  • Over 95% Occupancy

OVERVIEW

Park Broadway Shopping Center is a 15,470-square-foot, multi-tenant retail strip center occupying a prominent full-block position on South Broadway in Los Angeles. Situated on approximately 34,522 square feet of land, the property comprises eleven retail suites ranging from 500 to 4,939 square feet and is currently 95.48% occupied by a diverse mix of internet-resistant, service-oriented tenants. The tenant roster includes a fast-food operator, coin laundry, medical office, chiropractic practice, nail salon, wireless retailer, donut shop, insurance agency, and tax service — businesses that serve daily needs and generate consistent foot traffic regardless of broader e-commerce trends. The center benefits from a generous parking ratio of 3.1 spaces per 1,000 square feet, a meaningful competitive advantage in an urban infill environment where parking is often scarce. The property is offered at $6,990,000, representing approximately $452 per square foot and a projected cap rate of 6.41% upon full implementation of the triple-net leases already in place.

FOR SALE DETAILS

PRICE

$6,990,000 USD

PRICE/SF

$452 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Fast Food, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

LAC2

APN/PARCEL ID

5110-010-034

ASK ABOUT THIS PROPERTY

Rob ZahariaNAI CapitalMore Info
310-650-3510

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

Rob ZahariaNAI CapitalMore Info
310-650-3510

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