4047-4051 Lincoln Blvd
9,569 SF 100% Leased Retail Building Marina Del Rey, CA 90292 $7,395,000 ($773/SF) 5.15% Cap Rate









INVESTMENT HIGHLIGHTS
- Two percent (2%) commission to Buyer’s Broker!
- 100% Leased “Turn-key” Multi-tenant NNN Investment Opportunity
- Recent Capital Improvements
- Prime Coastal Location, Visibility & Outstanding Frontage
- Attractive Financing Option, Highly Amenitized Area
- Compelling Cash Flow
EXECUTIVE SUMMARY
JLL , as exclusive advisor, is pleased to present the unique opportunity to acquire 4047 –4051 Lincoln Blvd (the “Property”) located in affluent Marina Del Rey, California . Desirably situated on Lincoln Blvd just south of the intersection of Washington Blvd, the Property consists of a 9,569± square foot single-story freestanding multitenant commercial building with onsite surface parking, situated on 11 ,280 ± square feet of land . The Property is 100 % leased to three tenants on long term NNN leases , offering an attractive and rare cash -flowing investment in a renowned coastal location, with future upside potential. The Property has exciting and edgy curb appeal and benefits by attractive marketable attributes including exposed sandblasted wood truss ceilings, polished concrete floors, skylights, large storefront windows fronting Lincoln and new automatic roll up doors in the rear for easy loading. A dedicated onsite surface parking lot for 12 cars is located in the rear of the property and was reconstructed with new stone pavers.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,569 SF
Building Class
B
Year Built/Renovated
1951/2021
Price
$7,395,000
Price Per SF
$773
Cap Rate
5.15%
NOI
$381,143
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.85
Lot Size
0.26 AC
Zoning
C4 - Commercial
Parking
12 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
100’ on Lincoln
AMENITIES
- 24 Hour Access
- Bus Line
- Signage
- Tenant Controlled HVAC
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 4229-005-036 | Improvements Assessment | $432,806 |
Land Assessment | $3,520,713 | Total Assessment | $3,953,519 |