Super clean property, great location and an ideal tenant mix with a winning CAP rate. Potential Seller financing, 40% down at 5.25% IO for 10 years!
Fully renovated corner retail property, located in the thriving community of Westchester on the corner of Manchester & Truxton. Designated for restaurant use ,indoor/outdoor dining. Parking on adjacent lot (operated by Westchester Association) 2.26 cars per l000 SF.
This prime investment features high-quality tenants—a thriving cannabis dispensary, a gym, and billboard—all on near NNN lease agreements with strong, secure rent. The dispensary is a jackpot tenant, benefiting from booming demand, industry growth, and limited competition, making this property a safe, reliable investment. With established businesses in place, the site offers long-term stability and excellent cash flow.
6136 W Manchester Ave (across the street from subject property) is a proposed mixed-use development site expecting 441 residential units, with 16,000 SF of commercial space. It is projected to provide 549 parking spaces.