7/11 in East Los Angeles for Sale

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7/11 in East Los Angeles for Sale

Brandon Foster
Los Angeles, CA · Member since 2015 · 69 posts · 75 votes

Brand New Construction with 711 as the anchor tenant with a Corporate Guarantee.

Seller is Extremely motivated.

10 Year Term

Lease Start: 11/01/2016

Lease End: 11/30/2026

Rental Increases: 10% every 5 years

Option to extend: (4) Five year options

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  • Brandon Foster
    OP
    Los Angeles, CA · Member since 2015 · 69 posts · 75 votes
    8y

    Sale Price: $2,465,000

    Cap Rate: 3.8%

    NOI: $94,500

    Lot Size: 10,800 SF

    Year Built: 2016

    Building Size: 2,656 SF

    Zoning: LCM1

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