The Subject Property is a +1,788 square foot, single-tenant, NNN-leased retail property on a +4,500 square foot lot located in North Hollywood, CA. It is currently leased to Romantix, which recently renewed its lease for an additional 10 years.
Positioned on Lankershim Boulevard between Camarillo Street and Magnolia Boulevard, the property includes onsite parking with five spaces, plus one handicapped space, accessible via an alley at the rear.
This property is ideally located in the bustling North Hollywood Arts District, an area celebrated for its dynamic arts scene and diverse entertainment offerings. It benefits from high foot traffic and a strong demographic profile, with an average household income of $110,908, making it an attractive location for businesses.