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For Sale – Fully Leased West LA Neighborhood Retail Center – 5% cap
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…
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COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $12.35 MILLION SALE OF RETAIL CENTER IN SANTA MONICA, CA
Coldwell Banker Commercial WESTMAC has arranged the off-market sale of 2822-2840 Santa Monica Boulevard in Santa Monica for $12,350,000. A family trust has sold the ±13,752-square foot multi-tenant retail center located at the corner of Yale Street and Santa Monica Boulevard. “The property sold for less than a 3% cap rate,” T.C. Macker, CCIM said.…