This Retail Property is no longer advertised on LoopNet.com.
3975 Wilshire Blvd
Los Angeles, CA 90010
7-Eleven - Brand New 20-Year Ground Lease · Retail Property For Sale
![3975 Wilshire Blvd, Los Angeles, CA for sale - Primary Photo - Image 1 of 1](https://images1.loopnet.com/i2/3wS4NrfIL8cj836Rx8-sAa9Z-0HqVwoTUTruUAtYDYw/110/3975-Wilshire-Blvd-Los-Angeles-CA-Primary-Photo-1-Large.jpg)
INVESTMENT HIGHLIGHTS
- Irreplaceable A+ Trophy Asset in the Greater Wilshire/Koreatown neighborhood of Central Los Angeles
- 7-Eleven, a publicly traded company with an investment grade credit rating of “A-“ by Standard & Poor’s, has a market cap of $41.67 Billion
- Dozens of Nearby Residential/Commercial Developments – Over 2,000 Residential Units Completed This Year or Being Constructed in a Two-Mile Radius
- Brand New 20 Yr Lease Extension Demonstrating Strong Commitment - 30 Yrs Historical Occupancy in Mid-Wilshire Corridor of the Central Region of LA
- Features Easy Access and Excellent Visibility on the Hard, Signalized Corner of Wilshire Boulevard (±51,000 VPD) and South Wilton Place (±34,000 VPD)
- Nearly 82,000 People Reside in a One-Mile Radius, Approximately 650,000 People in a Three-Mile Radius, and Over 1,420,000 People in a Five-Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,520 SF
Building Class
C
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.24 AC
Zoning
C4
Parking
15 Spaces (5.95 Spaces per 1,000 SF Leased)
Frontage
168 FT on Wilshire Blvd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
Parcel Number | 5504-027-023 | Improvements Assessment | $3,641,400 |
Land Assessment | $2,601,000 | Total Assessment | $6,242,400 |
Listing ID: 24362605
Date on Market: 10/25/2021
Last Updated:
Address: 3975 Wilshire Blvd, Los Angeles, CA 90010
The Retail Property at 3975 Wilshire Blvd, Los Angeles, CA 90010 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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