$14,500,000 SALE
9,837 SF
503 Washington Boulevard
Venice, CA 90291 The Marina Connection

We are pleased to announce an opportunity to purchase a Silicon Beach pride of ownership shopping center, The Marina Connection . The property occupies an entire City block with almost 200 feet of frontage on Washington Boulevard. It is situated on the Northeast signalized corner of Washington Blvd. and Ocean Ave. and is nestled between the affluent Beach City com munities of Marina Del Rey and Venice. The Shopping Center consists of nine well seasoned triple net tenants, six of which are restaurants, all with multiple years remaining on their leases, high annual increases and fair market value extension options.

Property Type Retail
Property Use Net Leased Property
Year Built 1987
Renovated Year 2012
Level Number 2
Max Continuous Area 9,837
Zoning LAC4
Cap Rate Percentage 4
Style Retail Bldg -Local Strip
Building Size 9,837 SF
Lot Size 19093 SF
Area Description

Region: Venice

Property Features
Parking Places: 35
Area Demographics