Shopping Strip
Coin Laundry
1301 E Florence Ave, Los Angeles, CA 90001
Listing Price: $1,550,000
Investment Overview
The buildings in this retail offering are on thoroughfares with high traffic counts. The 100% occupied properties can be bought individually or as a portfolio. All the leases have annual rent increases and 5 are triple net with 1 gross lease. The portfolio is priced very competitively at a 6.37% capitalization rate and at $475 per square foot.
Coin Laundry
Investment Highlights
- 100% Occupied with 4 single tenant buildings, 1 two tenant building, and 1 three tenant building with a single family house.
- First time on the market in over 20 years!
- 15,692 gross square footage for the building and 27,776 square feet for total lot sizes.
- Located on major thoroughfares with high traffic counts!
- 3 corner properties with the laundry mat located at a signalized intersection.
Exclusively Listed By
Financing By
Listing Price: $1,550,000
Investment Highlights
- 100% Occupied with 4 single tenant buildings, 1 two tenant building, and 1 three tenant building with a single family house.
- First time on the market in over 20 years!
- 15,692 gross square footage for the building and 27,776 square feet for total lot sizes.
- Located on major thoroughfares with high traffic counts!
- 3 corner properties with the laundry mat located at a signalized intersection.
Investment Overview
The buildings in this retail offering are on thoroughfares with high traffic counts. The 100% occupied properties can be bought individually or as a portfolio. All the leases have annual rent increases and 5 are triple net with 1 gross lease. The portfolio is priced very competitively at a 6.37% capitalization rate and at $475 per square foot.
Exclusively Listed By
Financing By
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