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6,700 SF Retail Building at a 4.9% Cap Rate

$3,390,000

7117 S Vermont Ave, Los Angeles, CA 90044

Active
Last Updated: 11/18/2021

4.9

Cap Rate

6,700 sqft

Building Size

Details:
Cap Rate:    4.9%
Building Size:    6,700 sqft
Lot Area:    0.33 acres
Class:    B
Lease Type:    Triple Net
Year Built:    1994
Zoning:    C2
Highlights:
  • 100% occupied with true NNN Multiple long term Tenancy
  • Excellent Freeway access,Just north off 105 and west off 110 freeways.
  • Major Signalized corner location.
  • Stable Cash flowing Asset
  • 4.9% current market cap rate.
  • Good on - sight parking
Description:

7117 South Vermont Avenue Investment Opportunity

Smart Realtors a Commercial and Residential brokerage company is pleased to present the opportunity to acquire, 7117 south Vermont Avenue in Los Angeles California. The Smart Realtors is newly founded on the principals of customization and personal service. The smart realtors Company is a mood away from the typical mammoth real estate companies. We focus our attention on intimately knowing community, our expertise is central to the local real estate markets.

This single parceled 7117 south Vermont strip- shopping center is situated on hard corner signalized intersection and is comprising of a multi tenants one story commercial building approximately 6700* SF and a parking lot. This ideal frontage retail opportunity is anchored with high traffic 7-Eleven and Fred Loya national brands with a good visibility. The total land size is approximately 14462 SF. There are approximately nineteen (19) parking spaces in the parking lot. The property is zoned C2 – commercial which permits the use of the property as the retail center (no expiration date).

Located along the Vermont Avenue, 7117 S Vermont Avenue is walking distance to an abundance of retailers, restaurants and businesses. 7117 South Vermont Avenue offers buyers well maintained building offering a ease of management, stable cash flow with true NNN long term leases and easily accessible by public transportation. (* 6700 sqft from building permit and Building Plot)

Map:
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