9777 Santa Monica Blvd - Storefront FOR SALE


Beverly Hills, CA 90210
$3,950,000 USD
844-585-7657
9777 Santa Monica Blvd, Beverly Hills, CA for Sale
$3,950,000 USD
Storefront - FOR SALE
1/11
null | 4.14% Cap Rate

9777 Santa Monica Blvd
Beverly Hills, CA 90210


HIGHLIGHTS

  • Prestigious Two-Tenant Retail Pad | Annual Rental Increases | 100% Occupied
  • Southern California Real Estate | Recent Renovation | The Golden Triangle | High Barriers to Entry
  • Signalized, Hard Corner Intersection | Wilshire Boulevard | Excellent Street Visibility
  • Situated Between Rodeo Drive & Westfield Century City | $1 Billion Renovation | University of California - Los Angeles
  • Six-Figure Incomes

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a two-tenant, retail pad investment property located in the beautiful Beverly Hills, California. The property is divided into two suites with Tempura Endo - Kyoto Gion currently occupying 950 square feet of the 1,700 SF leasable area, and Minx Nails Salon taking the remaining 750 SF space. The high-end Japanese restaurant tenant, Peace Dining, Inc. (dba Tempura Endo), has extended its first option early through May-2030, with another 5-year option remaining. Both leases feature 3% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$2,324 USD /SF

CAP RATE

4.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two-Tenant Retail Pad | Annual Increases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C3

APN/PARCEL ID

4343-027-002

ASK ABOUT THIS PROPERTY

Carlos LopezHanley Investment GroupMore Info
844-585-7657

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Carlos LopezHanley Investment GroupMore Info
844-585-7657

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