commercial properties

Commercial Real Estate

For Sale – NNN Bank of America in GA – Ground Lease


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3026 & 3040 Panola Road is a single tenant, NNN leased investment located in the suburbs of Atlanta.

The offering is a free-standing building situated in Lithonia, Georgia, which is approximately 15 miles east of the City of Atlanta. The building is approximately 4,500-square feet and sits on a roughly 1.255-acre lot made up of two parcels of land.

The property is currently leased by long-term tenant Bank of America, and is strategically located among several shopping plazas that include powerhouse retailers such as Wal-Mart, Lowe’s and Publix supermarket.

The offering is an excellent opportunity for buyers seeking a well-located, stable, long-term leased investment.

More info here.

Commercial Real Estate

New Listing For Sale: Mixed-Use along Pacific Coast Highway in Malibu


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WESTMAC Commercial Brokerage Company is pleased to present for sale, 22227 Pacific Coast Highway, a unique opportunity for an investor or owner-user looking to acquire property in Malibu, one of the most affluent markets in the world.

22227 Pacific Coast Highway is a rare mixed-use commercial property situated on one of Southern California’s most recognized and highly traveled thoroughfares. 22227 Pacific Coast Highway is a highly visible mixed-use commercial property made up of approximately 6,687-square feet (4,369-square feet per tax record) of buildings on approximately 10,743-square feet of land. The property is comprised of two buildings, one single-story commercial building and one two-story residential building located behind the commercial. The property is currently leased to multiple tenants. All tenants are month to month.

The offering is a unique opportunity for investors looking for excellent potential to improve cash flow through leasing or occupy as a partial building user. Surrounded by some of the city’s most expensive homes and restaurants, 22227 Pacific Coast Highway sits at the pinnacle of real estate locale and desirability and would also well-suited for an owner-user seeking to position themselves in one of the most desirable and supply constrained districts in the world.

 

Download property brochure here.

Commercial Real Estate, CRE News, T.C. Macker PR releases

WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES SALE OF COMMERCIAL PROPERTY IN SANTA MONICA


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1619 – 1619 1/2 Santa Monica Boulevard, a commercial building in the highly-coveted City of Santa Monica, has sold for $4,200,000.

1619 – 1619 1/2 Santa Monica Boulevard is comprised of a single-story approximately 5,310-square foot building on approximately 7,500-square feet of land. It is located along the popular Santa Monica Boulevard, home to an abundance of automotive dealers, high-end retailers, businesses, and eateries that serves the surrounding neighborhoods. The property sold to an owner-user buyer at $790 per square foot.

“This was a generational family property and we were glad we could find a great user buyer who purchased at asking,” said T.C. Macker, CCIM.

1619 – 1619 1/2 Santa Monica Boulevard is a short distance from Santa Monica’s bustling tourism industry, including Santa Monica Beach, Santa Monica Pier and the Third Street Promenade.

T.C. Macker, CCIM of WESTMAC Commercial Brokerage Company represented the Seller. Joanne Smith of Rodeo Realty represented the Buyer.

Commercial Real Estate, CRE News

New Listing For Sale: Leased Office/R&D property – 49k SF building – Value Add Opportunity


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12000-12008 Aviation Boulevard is a three-story Office/R&D building comprised of one ± 49,632-square foot building situated on ± 61,471-square feet of land. The property is located along Aviation Boulevard between 120th Street and 122nd Street in the City of Los Angeles, on the border of El Segundo and Hawthorne. The building can be leased to three different tenants, but is currently occupied by a single tenant. The owner of the building ran and operated his business, Trident Dental Laboratories, at the building for 15-years before selling in 2018 to National Dentex Corporation. As part of the sale of the business, National Dentex Corporation signed a two year lease with one option period for three years.

Download property brochure for more info here.

Commercial Real Estate

For Sale – Fully Leased West LA Neighborhood Retail Center – 5% cap


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11201-11223 National Boulevard, a highly-visible neighborhood center located at the signalized intersection of major thoroughfare Sepulveda Boulevard and National Boulevard in the heart of West Los Angeles. 11201-11223 National Boulevard is made up of approximately 10,883-square foot building (± 11,225 SF per tax record) on approximately 24,400-square feet of land.

The property is 100% leased with multiple long-term tenants.

11201-11223 National Boulevard is a rare opportunity to purchase a neighborhood retail center well-situated in prime West LA offering stabilized income with low maintenance ideal for investors and 1031-exchange buyers.

For more info, download property brochure here.

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Commercial Real Estate

New Listing – Retail Redevelopment | Development Opportunity on Wilshire


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12071 Wilshire Boulevard is a multi-tenant retail building along Wilshire Boulevard near the intersection of Bundy Drive. The approximately 5,400-square foot building consists of multiple mom and pop retail tenants. The site shares an easement with Ralph’s grocery store which provides access to the building’s parking lot for a total land size of approximately 6,600-square feet. The property can be developed into a six-story mixed-use building, or redeveloped retail – all current tenants are month to month.

For more info, brochure available for download here.

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Commercial Real Estate

New Listing – Land For Sale – Prime Development Opportunity in Santa Monica |


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1650 Euclid Street is approximately 22,500 square-feet of land. It is located on Euclid Street between Colorado Avenue and Olympic Boulevard in Santa Monica.

The offering is surrounded by a number of prominent entertainment companies. It is currently operating as a tow yard.

Highlights

  • Future Development Upside
  • On same block as Bad Robot (JJ Abrams), Indian Paintbrush, Final Cut, Cutter Studios, and Arsenal FX
  • Easily accessible by public transportation and the I-10 Freeway
  • Excellent area demographics

Download property brochure here.

Commercial Real Estate, CRE News

New Listing For Sale – Mixed Used Investment in Santa Monica – Prime Location


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Coldwell Banker Commercial WESTMAC, as exclusive agent, is pleased to present the sale of 728-734 Montana Avenue in Santa Monica, California. 728-734 Montana Avenue is a sizable two-story mixed-use investment opportunity situated at the signalized intersection of Lincoln Boulevard and Montana Avenue.

The building is approximately 8,255-square feet (8,412 SF per tax record) on approximately 13,500-square feet of land. Three retail units occupy the ground floor. Six loft-style apartments make up the second floor. The property includes a dedicated parking lot with 28 spaces (26, plus 2 handicap).

The property is located along the popular Montana Avenue Shopping District, home to an abundance of high-end retailers, businesses, and eateries that serves Santa Monica’s affluent community.

728-734 Montana Ave – Flyer

*For the Full Offering Memorandum & access to Due Diligence documents, you must sign a CA by visiting property information page, You can access page here.

Commercial Real Estate, CRE News, T.C. Macker PR releases

COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $3.68 MILLION SALE OF SERVICE STATION IN LOS ANGELES’ UPSCALE BRENTWOOD NEIGHBORHOOD


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Coldwell Banker Commercial WESTMAC has arranged the sale of 11699 San Vicente Boulevard in Los Angeles for $3,680,000.

The service station at 11699 San Vicente Boulevard in the affluent neighborhood of Brentwood has been sold. The site comprises a ± 99-square foot building on a ± 6,969-square foot lot at the corner of San Vicente Boulevard and S. Barrington Avenue. The buyer was the existing tenant who has been at the property for over 45 years.

“There was a bid process in place,” T.C. Macker said. “We submitted a great offer with a short 15-day escrow and were thrilled when it was accepted.”

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the buyer. Martin McDermott of Method Commercial represented the seller.