9517-9523 Culver Blvd - Storefront FOR SALE


Culver City, CA 90232- Downtown Culver City
$6,975,781 USD
310-497-5218
9517-9523 Culver Blvd, Culver City, CA for Sale
$6,975,781 USD
Storefront - FOR SALE
1/9
null | 5.5% Cap Rate

9517-9523 Culver Blvd
Culver City, CA 90232
Downtown Culver City


HIGHLIGHTS

  • 100% Leased Retail Investment - Tenants include: Tender Green's + Intuit Turbo Tax
  • Centrally located in the heart of Downtown Culver City
  • Surrounded by best-in-class retailers like Erewhon, Sephora, Trader Joes, Equinox and many more
  • Tech/Media/Entertainment neighbors include: Apple, Sony Pictures, Amazon Studios, HBO / Warner Media among others.
  • Over 35,000 cars per day and a 97 Walk Score

OVERVIEW

CBRE is pleased to present for sale 9517-9523 Culver Boulevard, a fee simple retail investment opportunity in the heart of Downtown Culver City. This irreplaceable asset sits in one of the most dynamic and sought after neighborhoods in Southern California. Centrally located in the Downtown Culver City trade area, the property is surrounded by a diverse mix of established businesses and major tech media & entertainment employers, including Erewhon, Sephora, Mendocino Farms, Laurel Grill, Trader Joe’s, Apple, Amazon Studios, Sony Pictures, HBO / Warner Media, The Culver Hotel, Equinox, and many more. This prime location benefits from a 97 Walk Score, desirable demographics, and the continued growth of the area, including the highly successful Culver Steps retail project, Apple's new 550,000 SF Office + Apple TV Headquarters, in addition to thousands of new multi-family units in completed projects such as Ivy Station and Cumulus District. The 100% occupied property offers the investor stable cashflow and minimal management oversight

FOR SALE DETAILS

PRICE

$6,975,781 USD

PRICE/SF

$1,095 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C3, Culver City

APN/PARCEL ID

4207-001-029,4207-001-031

ASK ABOUT THIS PROPERTY

Zachary CardCBRE, Inc.More Info
310-497-5218

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Zachary CardCBRE, Inc.More Info
310-497-5218

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