4000-4010 Lincoln Blvd
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4000-4010 Lincoln Blvd
8,932 SF 100% Leased Retail Building Marina Del Rey, CA 90292 $8,200,000 ($918/SF) 5.37% Cap Rate
Investment Highlights
- Busy Corner Location
- Long term National Tenant
- 100% occupancy
- Easy access from two major streets
Executive Summary
Discover a prime retail investment opportunity at this exceptional property on Lincoln Blvd in Marina Del Rey. With an impressive 8,724 SF building comprising 7 units, plus a large billboard. All tenants are long term This attractively designed structure, built in 1984, offers a sought-after investment opportunity. Zoned LAC2 and enjoying 100% occupancy, this property presents a compelling case for retail investors seeking a stable and lucrative investment.Immerse yourself in the vibrant atmosphere of Marina Del Rey, a sought-after destination brimming with retail opportunities. Located near the bustling Lincoln Blvd, the area offers prime access to a diverse array of retail hotspots. From high-end fashion boutiques to trendy eateries such as Cafe del Rey and Mendocino Farms, the dynamic retail scene caters to a wide range of clientele. With proximity to the stunning Marina del Rey Waterfront, the location presents a unique blend of coastal charm and urban energy, creating an enticing draw for retail investors seeking a prime location with a thriving consumer base. This is an exceptional opportunity to become part of a flourishing retail landscape in a coveted location. Its proven track record of full occupancy and prime location in the desirable Marina Del Rey area make this property a sound investment in a thriving retail market. Don't miss the chance to secure a valuable asset in a prime location with a strong tenant base.
Data Room Click Here to Access
Property Facts Under Contract
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
8,932 SF
Building Class
C
Year Built
1984
Price
$8,200,000
Price Per SF
$918
Cap Rate
5.37%
NOI
$440,340
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.54
Land Acres
0.38 AC
Zoning
C2, City of L.A. - Zoned LAC2 and enjoying 100% occupancy, this property presents a compelling case for retail investors seeking a stable and lucrative investment
Parking
17 Spaces (2.16 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Signage
- Kiosk/Cart Space
- Wheelchair Accessible
- Air Conditioning
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (85)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 4230-002-002 | Improvements Assessment | $2,626,038 |
Land Assessment | $4,420,958 | Total Assessment | $7,046,996 |
PROPERTY TAXES
Parcel Number
4230-002-002
Land Assessment
$4,420,958
Improvements Assessment
$2,626,038
Total Assessment
$7,046,996
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4000-4010 Lincoln Blvd
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