Northmarq is pleased to exclusively offer the opportunity to acquire 70-72 Windward Ave. (the “Property” or “Offering”). The ±3,500 sq. ft. building presents a rare opportunity to acquire a high-profile, mixed-use asset in one of Los Angeles’ most vibrant coastal neighborhoods. Featuring Ground Floor retail, Event space and residential on the upper floors and a private rooftop deck across three floors, the property offers versatile space suitable for a variety of tenants or an owner-occupier. Ideally located in the heart of Venice, directly under the world-renowned Venice sign, drawing 1.2 million visitors annually, the property benefits from strong foot traffic.
Currently master-leased to an owner-user who specializes in outdoor advertising, the property provides immediate income while offering flexibility for a range of buyer strategies. Both the lessee and his sublessee tenant have less than two years remaining on their leases, creating opportunities for a future owner/user or investor to reposition the asset. The property also offers façade advertising, generating significant revenue.