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FULLY LEASED INCOME PROPERTY IN THE HEART OF BRENTWOOD – 12.5% CAP Rate

910 South Barrington Avenue, Los Angeles, CA, USA
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  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale

Listing ID : 429809

Posted on July 20, 2022 View Count 48

Status :
Price :
$2,250,000
Size :
Approx. 4,432 Sq. Ft.
Lot Size (Acres) :
Approx. 4,577 Sq. Ft.
Cap Rate :
12.5%
Cannabis or Hemp Use Allowed? :
Cannabis, Hemp, Cannabis and/or Hemp
License Type :
Recreational, Medical, Medical & Recreational
Year Built :
1965
Sale Type :
Cash, Financing, Owner Financing, Joint Venture
Company Name :
Pineapple Ventures Inc
Phone :
866-591-7802

* Free standing building to be delivered with premium rental rate

tenant paying $23,437.50 per month on a 15-year lease, which

amounts to a 12.5% CAP Rate. Includes a 33% ownership stake

in building. Building Appraised at $5.75m.

* Located on South Barrington Avenue near the corner of San

Vicente Boulevard with approximately 33,000 cars passing per

day

*Close to the San Diego (405) Freeway and the Santa Monica (1-

10) Freeway. It is in close proximity to Westwood Village, UCLA,

Westwood Medical Plaza, The Armand Hammer Museum, Geffen

Playhouse, UCLA Center for Performing Arts and the Fowler

Museum of Cultural History. The strong retail trade area the

property is located within testifies to the strength and viability of

this particular location.

*The demographic profile of the surrounding areas gives the

underlying real estate a strong intrinsic value. The average

annual household income within a 3 mile radius of the subject

 property is $114,412.

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