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Storefront For Sale • 4,944 SF
| 4,944 square foot property divided into eight (8) individual units at the corner of Santa Monica Blvd and Kelton Ave |
| 100% occupied on short term or month to month leases with an average remaining lease term of 0.85 years. |
| Current tenants are paying an average rent of $3.69/SF on gross leases, a rent well below market. |
| Units average 543 SF, except for one 1,025 SF unit, which will appeal to a wide range of tenant uses and require minimal capital costs between tenants |
| ull-size, two-sided billboard is an extremely coveted advertising space. 2023’s net advertising revenue was $370,500 |
| Highly trafficked pedestrian corridor with a walk score of 92, a “walker’s paradise”. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 16 min | - | 9.5 mi |
| Bob Hope | 27 min | - | 18.0 mi |
| Long Beach (Daugherty Field) | 35 min | - | 27.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 7 |
| Type: | Surface |
| Included in Rent: | Yes |
