Auto repair property in Northern Los Angeles

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Auto repair property in Northern Los Angeles

$2,000,000
$17,543 /m²
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  • Total area
    114 m²
  • Yield
    5.0%
  • Built in 
    1939
Details
Property parameters
  • Land area: 690 m²
  • Number of parking lots: 10
  • 1-floor building
Financial performance
  • Annual income: $99,362
Tenants
  • Fully let
Transaction costs
  • Broker: 2.5%
Features
  • Street retail

It is an auto repair shop in Glendale.

Description

The total area of a single-storey building is 114 m².

The plot of of 690 m².

The property was built in 1939 and now is in good overall condition.

There is a parking for 10 cars.

The property is fully leased out to a major tenant.

Financial performance

Absolute income is 100,600 $.

The current yield of 5%.

Broker's fee of 2,5%.

Tenants

The tenant is regional auto dealer.

The NNN lease agreement means that all operating costs are borne by the tenant.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Los Angeles.

All ads in the country: retail space for sale in the USA.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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