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CLOSED ESCROW

NET LEASED MULTI-TENANT SHOPPING CENTER

5170 hOLLYWOOD

BOULEVARD

THE ASSET

The Hirth Group is pleased to announce another successful closing!  The 1031 exchange buyer in this transaction was able to purchase the property with a great Cap Rate of 5.75%.  For more information about this transaction, other available listings, or a market analysis of your property please contact us to discuss.

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LOS ANGELES, CA 90027

PRICE

BUILDING SF

LOT SF

PRICE/SF 

CAP RATE

$3,500,000

5,944 SF

13,624 SF

$588

5.75%

DEAL HIGHLIGHTS​:

  • Prime Hollywood Location

  • NNN Leases

  • New 10 Year leases with CPI Increases from 3%-6% annually

  • Approx. 5,944 SQFT Building

  • Corner Retail Shopping Center

  • Heavily Trafficked Hollywood Boulevard

  • Built in 1986

  • 13,000 + SF Lot with Great Parking

  • Corner of Hollywood Boulevard and Kingsley Drive

  • Additional Income from Billboard

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