Log In/Sign Up
Your email has been sent.
8946 S Sepulveda Blvd 13,978 SF Retail Building Los Angeles, CA 90045 $21,165,866 CAD ($1,514.23 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Located Along the Highly Trafficked Pacific Coast Highway
- Prominent Building and Pylon Signage Providing Tremendous Property and Company Identity
- Potential Owner-User | Redevelopment | High Identity Location
- Signalized Hard Corner Location on the Area’s Primary Arterials
EXECUTIVE SUMMARY
Newmark Pacific Capital Markets is pleased to present to qualified investors the opportunity to acquire a single tenant absolute NNN Bank of America, consisting of 13,978 square feet on a large 0.57-acre parcel located along the Pacific Coast Highway (Sepulveda Blvd.) in the City of Westchester. The value proposition for an investor and/or owner-user is the ability to mark Bank of America to market rent in December 2027. Currently paying well below market rent of $11.19 per square foot annually in a market supporting rents of $60-72 per square foot, makes this an intriguing and unique opportunity in a high barrier to entry, affluent, and highly educated submarket.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
13,978 SF
Building Class
C
Year Built
1949
Price
$21,165,866 CAD
Price Per SF
$1,514.23 CAD
Cap Rate
6%
NOI
$1,269,952 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.57 AC
Zoning
LAC2 - Commercial
Frontage
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4123-001-028 | Improvements Assessment | $4,408,004 CAD |
| Land Assessment | $3,457,254 CAD | Total Assessment | $7,865,259 CAD |
PROPERTY TAXES
Parcel Number
4123-001-028
Land Assessment
$3,457,254 CAD
Improvements Assessment
$4,408,004 CAD
Total Assessment
$7,865,259 CAD
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
8946 S Sepulveda 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.