Back to results
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