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Commercial Real Estate, CRE News

New Listing For Sale: Multi-Unit Commercial Building on Washington Blvd


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WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 11452-11456 W. Washington Boulevard (“11456 Washington Boulevard”), a commercial building situated on the border of Los Angeles and Culver City.

The property is located on the south side of Washington Boulevard. The building is approximately 5,248-square feet (per tax record) and consists of three commercial units located on two parcels measuring approximately 6,500-square feet of land. A long driveway can accommodate approximately five stacked cars. One tenant occupies the front ground floor unit and the upstairs 2 bedroom-1 bath unit. They are on a month-to-month commercial lease (modified gross).

11456 Washington Boulevard offers excellent visibility along Washington Boulevard, a major thoroughfare which stretches from Culver City down to Marina Del Rey and Abbot Kinney Boulevard. The location is accessible to plenty of street parking and public transportation.

11456 Washington Boulevard is a unique opportunity for an investor or owner-user looking for prime commercial real estate in a great location with very limited supply.

PLEASE DO NOT DISTURB TENANT
THE PROPERTY IS BEING SOLD AS IS
ASKING PRICE IS $2,385,000 ($454/SF)

Download Full Property Brochure Here

Commercial Real Estate

New Listing For Sale on Wilshire Boulevard in Beverly Hills


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WESTMAC Commercial Brokerage, as exclusive advisor, is pleased to present the sale of 8620 Wilshire Boulevard, a freestanding commercial building in coveted Beverly Hills surrounded by high-end retail, five-star dining establishments, and luxury hotels. Blocks from the heavily traveled intersection of La Cienega Boulevard and Wilshire Boulevard, 8620 Wilshire Boulevard is comprised of one +/- 4,076-square foot single-story building on +/- 5,056-square feet of land nestled mid-block between S. Carson Road and S. Stanley Drive.

Built in 1951, the building offers unique design elements both with indoor and outdoor elements that make this property an architectural gem. The property previously operated as the Phillipe Chow restaurant with build-out that includes an outdoor courtyard, bar area, full kitchen with stainless steel appliances, and four private restrooms. The property is vacant with BHC3* zoning (check with city for allowable uses).

8620 Wilshire Boulevard is in close proximity to world class museums, shopping and dining including the Los Angeles County Museum, Petersen Automotive Museum, the Farmer’s Market, Beverly Connection, Beverly Center and La Cienega Boulevard’s Restaurant Row.

8620 Wilshire Boulevard is an incredible opportunity for buyers looking to purchase a preeminent location in one of the most in demand real estate markets in the world.

DOWNLOAD BROCHURE HERE

Commercial Real Estate

New Listing – Golden Triangle Investment Opportunity


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WESTMAC Commercial Brokerage Company and Cushman & Wakefield, as Exclusive Agents, are pleased to present the opportunity to acquire 9701 South Santa Monica Boulevard (“Property”), located in the famed Golden Triangle of Beverly Hills on the northwest corner of South Santa Monica Boulevard and Roxbury Drive. The Property consists of a two story office over retail building and a lower level containing a total of approximately 18,094 square feet. The building is home to a variety of office tenants and offers the opportunity to improve cash flow through the lease up of prime ground floor retail space. With this being the first time on the market in over 60 years, 9701 South Santa Monica Boulevard represents a unique opportunity to acquire a generational investment that has excellent potential for income growth and for some buyers an excellent owner-user opportunity in one of the most desirable urban retail districts in the world.

ACCESS FULL OFFERING MEMORANDUM & DUE DILIGENCE AT WWW.9701SMB.COM (CA REQUIRED)

Watch property video here

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

WESTMAC COMMERCIAL BROKERAGE COMPANY AND AJ MORGAN & COMPANY ARRANGES SALE OF CREATIVE OFFICE/RETAIL BUILDING IN BEVERLY HILLS


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337-339 S. Robertson Boulevard in Beverly Hills, a ±4,493-square foot freestanding commercial building on ±4,652-square feet of land, has sold for $3,126,000.

337-339 S. Robertson Boulevard is a uniquely designed building, featuring lush greenery, brilliant brick and steel exterior, and exposed brick interior. The building’s first floor is leased to two retail tenants, while the second-floor functions as creative office space.

WESTMAC Commercial Brokerage Company and AJ Morgan & Company partnered up to sell the two-story retail and office building. The buyer was an investor who plans to lease the second floor.

“This sale generated tremendous interest,” said T.C. Macker, CCIM. “We had multiple offers and were able to close in less than thirty days.”

T.C. Macker, CCIM and Jennifer Moscoso of WESTMAC Commercial Brokerage Company, and Hai-Ben David and Charles Jacob of AJ Morgan & Company represented both the Buyer and Seller.

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 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, 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

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.