4115-4121 City Terrace Dr | Los Angeles, CA 90063
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- LoopNet Team
4115-4121 City Terrace Dr
Los Angeles, CA 90063
14+ years remaining, 6.00% cap rate · Retail Property For Sale
Investment Highlights
- NNN single tenant lease with 3% annual rent increases providing strong hedge against inflation and +14 years remaining on lease
- This property has served the local community as a grocery store for approx. 50+ years; same owner for more than 35 years
- Great visibility off City Terrace Drive on a signalized intersection with strong vehicle count and proximity to 710 and 10 freeways
- Personal Guarantee with experienced operator (~10 locations)
- Located within 1 mile of the Cal State LA Station Metrolink
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
6,750 SF
Building Class
C
Year Built/Renovated
1938/2021
Tenancy
Single
Number of Floors
1
Building FAR
0.97
Lot Size
0.16 AC
Zoning
LCC3*
Frontage
82 ft on City Terrace
PROPERTY TAXES
| Parcel Number | 5226-009-025 | Improvements Assessment | £1,066,013 |
| Land Assessment | £880,531 | Total Assessment | £1,946,544 |
PROPERTY TAXES
Parcel Number
5226-009-025
Land Assessment
£880,531
Improvements Assessment
£1,066,013
Total Assessment
£1,946,544
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