commercial properties

T.C. Macker PR releases

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


No Comments

img_8895

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.

Uncategorized

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


No Comments

1

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.

Uncategorized

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


No Comments

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.

IMG_5157 - edit (68 + Vibrance)

Uncategorized

New Listing – Retail Redevelopment | Development Opportunity on Wilshire


No Comments

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.

DYS_4253

Uncategorized

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


No Comments

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.

Uncategorized

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


No Comments

IMG_3357

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.

T.C. Macker PR releases

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


No Comments

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.

Uncategorized

New Listing – Owner User Opportunity in Beverly Hills Golden Triangle For Sale


No Comments

Coldwell Banker Commercial offers for sale 9677-9681 Wilshire Boulevard in Beverly Hills. The offering is a two-story ±4,428-square foot commercial building inside Beverly Hills’ illustrious Golden Triangle. The building sits on ±3,239-square feet of land, across from Saks Fifth Avenue on Wilshire Boulevard.

9677-9681 Wilshire Boulevard is two blocks from Rodeo Drive, the popular tourist destination that draws thousands of visitors on a daily basis. Multi-million dollar homes and high-end multi-family units make up the upscale residential neighborhoods that surround this amenity rich district.

This is a great opportunity for an owner-user looking to capitalize on Wilshire Boulevard’s high visibility, set up shop in Beverly Hills’ booming retail market, and gain access into one of the most exclusive zip codes in the country.

Get more info & property brochure here.

Uncategorized

New Listing – For Sale – 100% Leased Investment in the South Bay


No Comments

IMG_8212

Coldwell Banker Commercial WESTMAC and LA Commercial, Inc. as exclusive agents, are pleased to present for sale 12831 Cerise Avenue. 12831 Cerise Avenue is an exceptional 100% leased, “creative flex” situated on approximately 19,284-square-feet of land in L.A.’s highly desirable South Bay region. Built in 1951, 12831 Cerise Avenue is an approximate 7,200-square foot, brick building recently renovated to the highest degree. The property is attentively designed with brand new sandblasted bow-truss roof system, vaulted ceilings, and an open floor plan. It is an ideal investment for buyers looking to increase their positive cash flow and take advantage of the South Bay’s highly sought after creative flex market.

12831 Cerise Avenue is located in the City of Hawthorne in Los Angeles’ South Bay. Two brand new 5-year leases with beautifully appointed creative flex build outs.

The property benefits from the high demand for South Bay commercial property and is located adjacent to the Hawthorne Municipal Airport, home to Tesla and Space X. Some of the major area tenants include Tesla, SpaceX, Boeing, Toyota, Lockheed Martin, Honda, Tesoro, Amazon’s Ring, LA Aleworks Brewery and many others.

Find all property details and sale brochure by visiting HERE.