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10939 Venice Blvd 2,202 SF Retail Building Los Angeles, CA 90034 $2,479,048 CAD ($1,125.82 CAD/SF) 5.05% Cap Rate



Investment Highlights
- World Famous Bigfoot West
- Long term tenant with 8 years left
Executive Summary
PRICE REDUCTION!!!
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 4.6% 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.
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 4.6% 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.
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,202 SF
Building Class
C
Year Built
1955
Price
$2,479,048 CAD
Price Per SF
$1,125.82 CAD
Cap Rate
5.05%
NOI
$125,192 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
- $5.74 CAD
- Triple Net
- Mar 2036
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Bigfoot West | Accommodation and Food Services | 2,202 SF | $5.74 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 | $158,110 CAD |
| Land Assessment | $66,943 CAD | Total Assessment | $225,053 CAD |
Property Taxes
Parcel Number
4252-019-018
Land Assessment
$66,943 CAD
Improvements Assessment
$158,110 CAD
Total Assessment
$225,053 CAD
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10939 Venice Blvd
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