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 Use||Net Leased Property|
|Max Continuous Area||9,837|
|Cap Rate Percentage||4|
|Style||Retail Bldg -Local Strip|
|Building Size||9,837 SF|
|Lot Size||19093 SF|