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4701-4725 S Broadway 15,470 SF 97% Leased Retail Building Los Angeles, CA 90037 $9,493,259 CAD ($613.66 CAD/SF) 6.40% Cap Rate
Investment Highlights
- Potential Owner-User Opportunity
- Internet Resistant Tenant Mix
- Dense Urban Infill Area
- Value-Add Opportunity
- Double Signalized, Block to Block Frontage
- Over 95% Occupancy
Executive Summary
Park Broadway Shopping Center is a 15,470-square-foot, multi-tenant retail strip center occupying a prominent full-block position on South Broadway in Los Angeles. Situated on approximately 34,522 square feet of land, the property comprises eleven retail suites ranging from 500 to 4,939 square feet and is currently 95.48% occupied by a diverse mix of internet-resistant, service-oriented tenants. The tenant roster includes a fast-food operator, coin laundry, medical office, chiropractic practice, nail salon, wireless retailer, donut shop, insurance agency, and tax service — businesses that serve daily needs and generate consistent foot traffic regardless of broader e-commerce trends. The center benefits from a generous parking ratio of 3.1 spaces per 1,000 square feet, a meaningful competitive advantage in an urban infill environment where parking is often scarce. The property is offered at $6,990,000, representing approximately $452 per square foot and a projected cap rate of 6.41% upon full implementation of the triple-net leases already in place.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,470 SF
Building Class
B
Year Built
1990
Price
$9,493,259 CAD
Price Per SF
$613.66 CAD
Cap Rate
6.40%
NOI
$607,569 CAD
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.79 AC
Zoning
LAC2
Parking
48 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Restaurant
- Signalized Intersection
- Kiosk/Cart Space
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Apples Donuts
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99,999 SF
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- Available Space
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99,999 SF
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- -
- Chiropractor
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99,999 SF
- -
- -
- Coin Laundry
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99,999 SF
- -
- -
- Insurance Agency
- -
-
99,999 SF
- -
- -
- Medical Clinc
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-
99,999 SF
- -
- -
- Mini Market
- Retailer
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99,999 SF
- -
- -
- Nail Salon
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99,999 SF
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- Tam's Burgers
- Retailer
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99,999 SF
- -
- -
- T-Mobile
- -
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99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Apples Donuts | - | 99,999 SF | - | - | ||
| Available Space | - | 99,999 SF | - | - | ||
| Chiropractor | - | 99,999 SF | - | - | ||
| Coin Laundry | - | 99,999 SF | - | - | ||
| Insurance Agency | - | 99,999 SF | - | - | ||
| Medical Clinc | - | 99,999 SF | - | - | ||
| Mini Market | Retailer | 99,999 SF | - | - | ||
| Nail Salon | - | 99,999 SF | - | - | ||
| Tam's Burgers | Retailer | 99,999 SF | - | - | ||
| T-Mobile | - | 99,999 SF | - | - |
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5110-010-034 | Improvements Assessment | $6,692,249 CAD |
| Land Assessment | $3,101,283 CAD | Total Assessment | $9,793,532 CAD |
Property Taxes
Parcel Number
5110-010-034
Land Assessment
$3,101,283 CAD
Improvements Assessment
$6,692,249 CAD
Total Assessment
$9,793,532 CAD
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4701-4725 S Broadway
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