• Commercial investment purchase opportunity • 2-story shopping center • 4 ground floor retail stores and 6 second floor offices • $128,468 actual net annual income | 4.35% actual cap rate • 2 vacant ground floor units and 1 vacant second floor unit • Heavy traffic location at the intersection of 2 major thoroughfares • Northeast corner of Western Avenue and Vernon Avenue • 116′ frontage on Western Avenue; 94′ on Vernon Avenue • 1-1/3 miles west of the Harbor (110) Freeway and 2-1/4 miles south of the Santa Monica (I-10) Freeway
UNITS FOR LEASE
Ground Floor Retail: Unit B: 549 SF | $1,500 per month ($2.73 per SF MG) Unit D: 839 SF | $1,600 per month ($1.91 per SF MG)
Second Floor Office: Unit H: 604 SF | $1,100 per month ($1.82 per SF MG)