5058-5062 Lankershim Blvd - Storefront FOR SALE


North Hollywood, CA 91601
$3,000,000 USD
818-319-9191
5058-5062 Lankershim Blvd, North Hollywood, CA for Sale
$3,000,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

5058-5062 Lankershim Blvd
North Hollywood, CA 91601


HIGHLIGHTS

  • Prime Owner-User/Investment Opportunity
  • Surrounded by National Tenants
  • Surrounded by new housing/retail developments
  • 56' frontage located in the Heart of the NoHo Arts district
  • Convenient Access to Freeways to the 101, 170 & 134 freeway
  • Flexible month-to-month leases in place

OVERVIEW

Ikon Properties is proud to present 5058-5062 Lankershim Blvd, North Hollywood CA, an excellent opportunity for both owner-users looking for a strategic location for their business and investors seeking a promising asset in a thriving area. Situated in the vibrant NoHo Arts District, this property enjoys the benefits of being at the epicenter of a thriving cultural and commercial hub. The property's proximity to numerous national tenants enhances its appeal and potential for foot traffic and business partnerships. With close proximity to the 101, 170, and 134 freeways, this property offers excellent accessibility, ensuring that customers, clients, and employees can easily reach the location from all parts of Los Angeles and beyond. The NoHo Arts District is experiencing a wave of redevelopment and revitalization. New developments in the area indicate sustained growth and a favorable environment for businesses looking to establish or expand their presence. This property benefits from high visibility due to its location on a major boulevard, ensuring maximum exposure.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$1,026 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C4, Los Angeles

APN/PARCEL ID

2353-008-016

ASK ABOUT THIS PROPERTY

Blas FernandezIkon PropertiesMore Info
818-319-9191

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Blas FernandezIkon PropertiesMore Info
818-319-9191

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.