List Search

1430 Venice Blvd
Los Angeles, CA 90006 Harvard Heights

$8,683,000 USD

General Retail For Sale  •  15,857 SF

Property Details

  • Property Type General Retail
  • Total Building Size 15,857 SF
  • Lot Size 0.6 AC
  • Building Class C
  • Year Built 1956
  • Tenancy Single
  • Zoning C2
69 Transit Score
91 Walk Score

Highlights

Corporate-Guaranteed Lease Backed by Harbor Freight Tools USA, Providing a Strong National Credit Tenant With Proven Performance
New 15-Year NNN Lease Long-Term Absolute Triple Net (NNN) Lease With 15 Years of Initial Term and Three (3) Five-Year Renewal Options
Structured Rental Increases Contractual 10% Rent Escalations Every Five Years Offer Predictable Income Growth and Long-Term Yield
Minimal Landlord Responsibilities Tenant Is Responsible for All Operating Expenses (Utilities, Property Taxes, Insurance, and Interior Maintenance)
Fully Renovated Building Recently Completed Full-Scale Renovation With Significant Capital Improvements, Including Dock-High Loading for Logistics
High Traffic Exposure Located Just One Parcel West of the Signalized Intersection at Venice Blvd and Hoover Street—Exposure to Approx. 65,000 Vehicles

Public Transportation

Commuter RailDriveWalkDistance
8 min - 3.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 4.0 mi
AirportDriveWalkDistance
Los Angeles International 22 min - 13.1 mi
Bob Hope 24 min - 14.0 mi
Long Beach (Daugherty Field) 30 min - 22.1 mi
David Ghermezian 310-801-8700 Newmark Pacific
David Ghermezian 310-801-8700 Newmark Pacific