Retail Space /CA /Los Angeles County /Los Angeles /7500-7516 Melrose Ave
Retail Space /CA /Los Angeles County /Los Angeles /7500-7516 Melrose Ave

7500-7516 Melrose Ave - Freestanding FOR SALE


Los Angeles, CA 90046- Melrose | 
$13,045,000 USD
619-665-1878
7500-7516 Melrose Ave, Los Angeles, CA for Sale
$13,045,000 USD
Freestanding - FOR SALE
1/19
null | 8% Cap Rate
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7500-7516 Melrose Ave
Los Angeles, CA 90046
Melrose

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HIGHLIGHTS

  • Four years remain on the CVS lease providing guaranteed cash flow.
  • High income location with strong average household incomes.
  • Owner user opportunity with CVS currently dark.
  • High visibility location at a busy intersection.
  • Unique urban street retail location featuring private parking.

OVERVIEW

Rare urban infill reposition or owner / user opportunity with 4+ years of income guaranteed by CVS.

FOR SALE DETAILS

PRICE

$13,045,000 USD

PRICE/SF

$792 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,725 SF

ZONING

C2

APN/PARCEL ID

5526-017-027

ASK ABOUT THIS PROPERTY

Kevin HeldKidder MathewsMore Info
619-665-1878

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Kevin HeldKidder MathewsMore Info
619-665-1878

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