8055 W 3rd St - Freestanding FOR SALE


Los Angeles, CA 90048- Beverly Grove
$12,000,000 USD
213-532-3268
8055 W 3rd St, Los Angeles, CA for Sale
$12,000,000 USD
Freestanding - FOR SALE
1/3
null | 5.23% Cap Rate

8055 W 3rd St
Los Angeles, CA 90048
Beverly Grove


HIGHLIGHTS

  • Fully leased retail pad with tenants including Sweetgreen, Verve Coffee, and Uncle Paulie's.
  • Strong demographics with over 40,000 residents within a 1-mile radius and an average household income exceeding $100,000.
  • ± 13,933 SF lot with ± 6,422 SF of improvements.
  • High visibility property benefiting from ± 20,743 Average Annual Daily Traffic.

OVERVIEW

Colliers is pleased to present the opportunity to acquire 8055 W. 3rd Street, a ±6,422 square foot, fully leased, multi-tenant retail pad located in the highly sought-after Beverly Grove neighborhood of Los Angeles. The property is occupied by Verve Coffee Roasters, Uncle Paulie’s Deli, and Sweetgreen. Verve Coffee Roasters and Sweetgreen have each operated at this location for over a decade, demonstrating strong tenancy stability and long-term commitment to the site. Under the NNN lease structure, tenants are responsible for all operating expenses, providing investors with predictable cash flow and minimal landlord responsibilities. The asset benefits from exceptional surrounding demographics, with over 40,000 residents within a one-mile radius and an average household income exceeding $100,000. This offering represents a rare opportunity to acquire a stabilized NNN retail asset in the heart of Los Angeles, within one of the city’s most affluent and prestigious neighborhoods

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$1,869 USD /SF

CAP RATE

5.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,933 SF

ZONING

C2-1VL-O

APN/PARCEL ID

5511-022-016

ASK ABOUT THIS PROPERTY

Adam TischerColliersMore Info
213-532-3268

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Adam TischerColliersMore Info
213-532-3268

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