Retail Business for Sale in Los Angeles, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Los Angeles, CA 90006
Description
Located on a Hard Corner in Koreatown Subject property is located on a hard corner in Koreatown. Includes 2 parcels with 13,050 SF GLA on 16,258 SF of land. Tenants are all on short term leases with rents that are significantly below market.
Market Context
This retail in Los Angeles, CA is listed for sale. It has been on the market for 147 days. Compare it against other retail listings for sale in Los Angeles, CA — <a href="/search/sale/retail/california/los-angeles">view the full market</a>.
As of Q3 2023, the Greater Los Angeles retail market showed rents up 0.5% year over year, and cap rates around 5.0%. Source: Consensus Q3 2023 market report.
Retail market FAQ
- What is the typical cap rate for retail in Greater Los Angeles?
- About 5.0% as of Q3 2023, per Consensus.
Contact
- Derrick Moore · 213 613 3334 · derrick.moore@cbre.com
- Grant Korn · +1 2136133525 · grant.korn@cbre.com
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