Jodi Summers
Sotheby’s International Realty
310.392.1211
jodi@jodisummers.com
3 VENICE! 3 BUILDINGS ON 3 PARCELS ON LINCOLN BLVD.
132- 144 Lincoln Boulevard, Venice, CA 90291
Price: $5,700,000
Building Size: 7,437 SF
Price/SF: $766.44 /SF
Property Type: Street Retail
Cap Rate: 6.26%
Occupancy: 100%
Tenancy: Multiple
Three buildings on three separate parcels. 7,437 SF of building space on 12,008 SF of land on a well-travelled street, with traffic counts in excess of 45,000 vehicles daily. Across the Street from a Whole Foods market, and CVS pharmacy.
This unique assemblage of properties offer an investor a blank canvas to re-position these assets and partake in the spoils of the gentrification of Venice. The current owner/user, Naylor Paint, is occupying approximately 66% of the building. The owner is willing to sign a 6-12 month lease commencing after the close of escrow.
Please contact us for more information.
Best,
Jodi Summers
Broker Associate
Sotheby’s International Realty
310.392.1211
jodi@jodisummers.com
www.SoCalMultiUnitRealEstateBlog.com
CalBRE - 01343854
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Life shrinks or expands in proportion to one's courage. - Anais Nin
p.s. This is not intended as a solicitation if your property is already listed with another agent. Broker/Agent may not hold the listing on this property and does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources.
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