7001 Hollywood Blvd - Storefront FOR SALE
Los Angeles, CA 90028 |
7001 Hollywood Blvd
Los Angeles, CA 90028
HIGHLIGHTS
- Value-Creation Opportunity – Potential value-creation opportunity for an investor through maximizing the existing rooftop billboard revenue stream
- Significant Near-Term Embedded NOI Growth - The Net Operating Income is projected to increase by approximately 11% in 2025.
- Outstanding and Highly Visible Location – Benefits from approximately 140 feet of direct frontage/visibility along Hollywood Blvd.
- Rare Opportunity Zone Acquisition of Scale – The Peterson Building is positioned within an opportunity zone.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Peterson Building
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
61316
STORIES
2
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
120
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5548-003-001
