JLL, as exclusive advisor, is pleased to present the unique opportunity to acquire 4047–4051 Lincoln Blvd (the “Property”) located in affluent Marina Del Rey, California. Desirably situated on Lincoln Blvd just south of the intersection of Washington Blvd, the Property consists of a 9,569± square foot single-story freestanding multi-tenant commercial building with onsite surface parking, situated on 11,280± square feet of land. The Property is 100% leased to three tenants on long term NNN leases, offering an attractive and rare cash-flowing investment in a renowned coastal location, with future upside potential.
The Property has exciting and edgy curb appeal and benefits by attractive marketable attributes including exposed sandblasted wood truss ceilings, polished concrete floors, skylights, large storefront windows fronting Lincoln and new automatic roll up doors in the rear for easy loading. A dedicated onsite surface parking lot for 12 cars is located in the rear of the property and was reconstructed with new stone pavers. Other recent considerable capital improvements include new HVAC units, plumbing and main water lines, electrical panels, and exterior lighting.
Located on a well-known Los Angeles thoroughfare and retail artery – Lincoln Blvd – in the upscale coastal neighborhood of Marina Del Rey, the Property benefits from being in an irreplaceable location with superior demographics and densely packed with residential and commercial tenants, including a newly constructed nine story Cedars Sinai Marina Del Rey Hospital. With quick access to the 90, 405 and 10 freeways along with being minutes from several world-renowned beaches along the Pacific Ocean, the Property’s strategic and attractive location provides easy connectivity to all of Los Angeles and will remain a continued thriving destination for businesses for years to come.
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