Log In/Sign Up
Your email has been sent.
10939 Venice Blvd 2,202 SF Retail Building Los Angeles, CA 90034 $2,952,590 CAD ($1,340.87 CAD/SF) 5% Cap Rate



Investment Highlights
- World Famous Bigfoot West
- Long term tenant with 8 years left
- 5% CAP with underpaying rent
Executive Summary
10939 Venice Boulevard is a prominent two-story commercial
asset located in the heart of the vibrant Culver City/Palms
submarket.
Comprising approximately 2,202 rentable square feet, the building
features a world-famous ground-floor bar with dedicated office
space above. The property is currently offered at a 5% CAP rate,
supported by a stable, long-term tenant on a below-market lease
that provides significant future upside.
This offering represents a rare opportunity to acquire a landmark
building in one of the fastest-growing areas of West Los Angeles.
As the home of Bigfoot West, the property benefits from a loyal
local following and consistent foot traffic. The building’s unique
“cabin” architecture provides exceptional street visibility, and the
structure has been meticulously maintained, ensuring it remains a
standout fixture in the neighborhood.
Strategically positioned near major transit hubs and the expanding
tech campuses of Culver City, the property is an ideal long-term
investment. Its location in a high-demand corridor with limited
inventory ensures steady appreciation as it continues to attract
both residents and tourists. Additionally, the bar operator may
be open to a sale of the business, offering a potential buyer the
flexibility of a turnkey hospitality acquisition alongside the real
estate. Type 48 Liquor License
asset located in the heart of the vibrant Culver City/Palms
submarket.
Comprising approximately 2,202 rentable square feet, the building
features a world-famous ground-floor bar with dedicated office
space above. The property is currently offered at a 5% CAP rate,
supported by a stable, long-term tenant on a below-market lease
that provides significant future upside.
This offering represents a rare opportunity to acquire a landmark
building in one of the fastest-growing areas of West Los Angeles.
As the home of Bigfoot West, the property benefits from a loyal
local following and consistent foot traffic. The building’s unique
“cabin” architecture provides exceptional street visibility, and the
structure has been meticulously maintained, ensuring it remains a
standout fixture in the neighborhood.
Strategically positioned near major transit hubs and the expanding
tech campuses of Culver City, the property is an ideal long-term
investment. Its location in a high-demand corridor with limited
inventory ensures steady appreciation as it continues to attract
both residents and tourists. Additionally, the bar operator may
be open to a sale of the business, offering a potential buyer the
flexibility of a turnkey hospitality acquisition alongside the real
estate. Type 48 Liquor License
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,202 SF
Building Class
C
Year Built
1955
Price
$2,952,590 CAD
Price Per SF
$1,340.87 CAD
Cap Rate
5%
NOI
$147,630 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.10 AC
Zoning
LAC2 - Lac2
Parking
6 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
36’ on Venice
Amenities
- Restaurant
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Bigfoot West
- Accommodation and Food Services
- 2,202 SF
- $5.59 CAD
- Triple Net
- Mar 2036
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Bigfoot West | Accommodation and Food Services | 2,202 SF | $5.59 CAD | Triple Net | Mar 2036 |
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4252-019-018 | Improvements Assessment | $153,547 CAD |
| Land Assessment | $65,011 CAD | Total Assessment | $218,558 CAD |
Property Taxes
Parcel Number
4252-019-018
Land Assessment
$65,011 CAD
Improvements Assessment
$153,547 CAD
Total Assessment
$218,558 CAD
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
10939 Venice Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
