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Retail

Palm Grove Retail Center

7500 Sunset Blvd, Los Angeles, CA 90046

Asking price

$27M

Cap rate

5.3%

NOI
$1M
Square feet
42,100
Year built
1998
Price / SF
$648

Overview

High-traffic Sunset Strip retail with premium tenancy. This offering represents a compelling opportunity in the Los Angeles submarket. The asset benefits from strong in-place cash flow, defensible fundamentals, and multiple avenues for value creation through operational improvements, strategic repositioning, and market rent growth. Underwriting materials, T-12, rent roll, and full offering memorandum available upon signed confidentiality agreement.

Financial highlights

Asking price
$27,300,000
NOI (in-place)
$1,446,900
Cap rate
5.3%
Price per SF
$648

Documents

Detailed underwriting, T-12, and rent roll available under signed CA.

Offering Memorandum
Executive Summary
Full Financial Package
T-12 & Rent Roll

Location