5501-5521 HOLLYWOOD BOULEVARD &
1719-1739 N. WESTERN AVENUE
HOLLYWOOD, CA 90028
SALE PRICE: $30,400,000
GENERATIONAL ASSET | A+ HOLLYWOOD LOCATION
The signalized corner of Hollywood and Western consists of three high credited retail tenants, Marshalls, Petco, and Farmer Boys. Constructed in 2015, more than 90% of the leased space belongs to Marshalls and Petco, national credit tenants that are publicly traded. The buyer acquired a trophy asset in one of the most highly sought-after submarkets of Hollywood. Alex Reyhan and Daniel Hirth represented the Buyer on this transaction. Although there was vigorous competition with a plethora of offers, the Hirth Group was able to secure the asset for our client.