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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 For Sale – Retail/Office/Flex – Santa Monica


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1619 – 1619 1/2 Santa Monica Boulevard is a one-story commercial building in the highly-coveted City of Santa Monica. The property is an approximately 5,310-square foot building on approximately 7,500-square feet of land.

The property 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.

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. 1619 – 1619 1/2 Santa Monica Boulevard is a rare opportunity for buyers looking to purchase commercial real estate in one of the most coveted markets in the world.

You can download property brochure here.

Commercial Real Estate

New Listing in Beverly Hills – Leasehold Interest For Sale – Medical/Office


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WESTMAC Commercial Brokerage is pleased to present the opportunity to purchase the seventeen (17) year leasehold interest of 415 N. Crescent Drive in Beverly Hills, CA. This rare investment opportunity offers buyers leasehold ownership of  approximately 27,425-square feet of medical offices in the Beverly Hills Golden Triangle.

415 N. Crescent Drive is a three-story medical office building containing one approximate 27,425-square foot building (± 28,589 SF per tax record) on an approximate 15,263-square foot parcel of land. Built in 1981, the property also consists of a subterranean parking garage situated underneath the structure. The offering is for the leasehold interest, currently subject to a ground lease expiring in 2036 (17 years remaining), after which, the building and improvements will revert to the owner of the land. The ground lessee currently pays 15% of the gross rent annually to the Lessor.

415 N. Crescent Drive is located in the spectacular and highly desirable Beverly Hills, between S. Santa Monica Boulevard and Brighton Way along N. Crescent Drive. The modern style building features a brilliant brick exterior, center garden atrium, and multiple spaces occupied by a mix of office and medical tenants. 415 N. Crescent Drive represents a unique opportunity to acquire an investment asset that has excellent potential for income growth in one of the most desirable urban retail districts in the world.

SALE IS FOR 17-YR LEASEHOLD INTEREST ONLY – BEST OFFER

*Rent Roll and other Due Diligence Documents subject to receipt of Confidentiality Agreement. Get brochure here.

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

New Listing for Sale – NNN Leased Investment – Bank of America in Metropolitan Atlanta


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Coldwell Banker Commercial WESTMAC is pleased to present the sale of 3026 & 3040 Panola Road, a single tenant, NNN leased investment located in the suburbs of Atlanta.

The offering is a free-standing building situated in Lithonia, Georgia, a picturesque metropolitan area 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 Walmart, Lowe’s and Publix supermarket.

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

You can download property brochure here.

Commercial Real Estate, CRE News

New Listing For Sale – Mid Wilshire – Neighborhood Center


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5517 San Vicente Boulevard is a highly visible shopping center made up of an approximate 3,990-square foot building on approximately 9,553-square feet of land. The property includes a parking lot, available signage, and billboards.

Existing tenants are on month-to-month leases. Two income producing billboards on property.

5517 San Vicente Boulevard is located at the signalized corner of San Vicente Boulevard and Hauser Boulevard in Mid Wilshire. Manicured homes and multifamily units make up the quiet residential neighborhood that surrounds the immediate vicinity.

5517 San Vicente Boulevard is located blocks from Wilshire Boulevard in Miracle Mile, where the Petersen Automotive Museum and Los Angeles County Museum of Art (LACMA) draw hundreds of visitors a day.

Visit property website for more info and to download property brochure here.

Commercial Real Estate

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


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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.

Commercial Real Estate

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


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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.

 

Commercial Real Estate

New Listing in Santa Monica – For Sale – 1327 Fifth Street


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Boutique Retail in the Heart of Santa Monica

Kennedy Wilson and Coldwell Banker Commercial WESTMAC are proud to present the opportunity to acquire the fee simple interest in 1327 Fifth Street, a charming, free-standing retail building located in the heart of Downtown Santa Monica. Just blocks from Third Street Promenade, the Santa Monica Pier, and the Pacific Ocean, the property is fully occupied by a well-known luxury apparel and housewares retailer.

For more information and access to property brochure, please visit:  www.1327FifthSt.com

Commercial Real Estate

For Sale in Santa Monica – Mixed Use along Santa Monica Boulevard


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New Listing for sale in Santa Monica at 3101-3105 Santa Monica Boulevard. The property is a 2-story mixed-use building with dedicated rear parking lot. The property has been home to ski industry’s iconic retail store Doc’s Ski & Sport for more than 60 years and includes 2 upstairs apartment units.

For more information, you can download the property brochure here.