We are pleased to announce the exclusive representation of 114 Washington Boule- vard in Marina Del Rey for sale. The property features a combination of ground floor retail stores and second story live/work loft units, each with their own private ocean view patios. The upper lev- els are serviced by elevator. The building is currently 100% occupied with all tenants on NNN leases. All leases are either month-to-month or expire in 2013 allowing an owner user to qualify for SBA financing. PLEASE DO NOT DISTURB TENANTS
|Cap Rate Percentage:||5.7|
|Building Size:||5,483 SF|
|Lot Size:||3776 SF|
Contemporary smooth concrete.Area Description
Zoning Description: LAC4-1. Please confirm with City.
Area Description: The property is located on the South side of Washington Boulevard approximately one and a half blocks East of the Venice Beach Pier and one half block West of the Grand Canal.
Region: Marina Del Rey