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3520 W Washington Blvd

LOS ANGELES, CA 90255

PRICE

REQUEST FOR OFFERS

BUILDING SIZE

12,500 SF

LOT SIZE

15,001 SF

CAP RATE

PRICE/SF (BLDG)

PRICE/SF

(LAND)

-

$-

$-

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 3520 W Washington Boulevard, a 12,500 square foot multitenant storefront retail property situated on 0.34 acres of land (15,001 SF) just north of the 10 Freeway in Arlington Heights, CA.

3520 W Washington Boulevard is fully occupied by six tenants on short term leases with an average term remaining of 0.73 years. The property’s short-term tenancy creates the potential for an owner-user to occupy a portion or all of the building as leases expire or to occupy a variety of space in the building with the opportunity to expand as business operations grow. 

The subject property benefits from exceptional visibility at the signalized corner of W Washington Blvd and 6th Ave and enjoys additional access via the rear alley. 

The property’s in place tenancy pays $19,583.02 per month ($1.57/SF) or $234,996.24 annually, a rent well below market. All tenants are on NNN leases, paying their share of operating expenses.

BRANDON MICHAELS
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Tel: (818) 212-2794

Fax: (818) 212-2710

16830 Ventura Blvd, Suite 100
Encino, CA 91436

© & TM 2024 Brandon Michaels Group | DNC Artistry

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