Sold | 1100 S Western Ave

Overview

Type
Sqft.
5,746.00
sqft.
Price Per Sqft.
$
556.00
CAP Rate
3.64
%
Lot Size
13,078.00
sqft.

Description

Rosano Partners is pleased to present an exceptional retail investment property. Centrally located along the traffic heavy Western corridor. This retail strip center is comprised of two restaurant tenants and a sign manufacturer at the end cap. Well located on the signalized corner of 11th Street and Western Ave, any retailer can benefit from ease of access and high visibility. The large parking lot to the rear of the property allows for a variety of retailers to have the distinct advantage by providing abundant parking for their patrons.

Location Features
Subject property is situated on the attractive signalized corner of Western Ave and 11th Street. The Western Avenue corridor boasts 41,057 VPD, and retailers located in this center reap the benefits of high visibility. The quickly gentrifying neighborhood of Koreatown is sure to improve dramatically in the coming years, and investors understanding the trend can capitalize in the future.


Managing Agent

James Cho

Associate, Investment Sales
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