MLS#:
SB19134773
Status:
Active
Days On Market:
52
Property type:
Commercial
Cooling:
Central A/C
Year Built:
1948
City:
Manhattan Beach
Zoning:
General Commercial

1401 N Sepulveda Boulevard

Manhattan Beach, CA 90266

$2,645,000

Price

0

Beds

0

Baths

0

Sq.Ft.

DESCRIPTION

Prime NNN Investment Opportunity located on the NW corner of Sepulveda and 14th Street across from Target and Manhattan Toyota. Major traffic corridor which experiences approximately 57,000 per day servicing the South Bay beach communities and the Los Angeles/West Side commercial markets. Landlord responsibilities limited to maintenance and repair of the roof, foundation, load bearing and exterior walls as well as the onsite parking area and driveway. Extremely favorable Landlord lease terms.

The current tenant is a full service animal medical and dental facility with approximately one year left on lease and three x five year options with annual 2.0% escalation in rent. Main Building square footage measures 1,992 sf (taped) which includes administration and waiting area, five exam rooms, treatment room, kennel, pharmacy, surgery center, radiology, and dental room. Not included in the square footage is an adjunct building approximately 240 sf (taped) which includes laundry, grooming, and break room.

LOCATION

DISCLAIMER

Copyright © 2019 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

COMMUNITY

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