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NNN Multi Tenants with seven/eleven

$3,390,000

7117 South Vermont Avenue, Los Angeles, CA 90044

Active
Last Updated: 11/18/2021

4.9

Cap Rate

166,080

NOI

Details:
Cap Rate:    4.9%
NOI:    $166,080
Building Size:    6,700 sqft
Lot Area:    14,462 sqft
Lease Type:    Triple Net
Class:    B
Occupancy:    99.9%
Zoning:    C2
Price Per Sqft:    $505.97
Year Built:    1994
Tenancy:    Multiple
Year Last Renovated:    2014
Gross Leaseable Area:    6,700
Construction Status:    n/a
Parking Ratio:    2.761
Roof:    clay shingles
Floor:    n/a
Lease Expire Year:    2026 (+17 YEARS),2025,2021
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 6450 SF
and a parking lot. This ideal frontage retail opportunity is anchored with high traffic 7-Elevan 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 and easily accessible by public
transportation.

Map:
Documents:
Title
Memorandum_Flyer_112119.pdf
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Location
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