Prime NNN Investment Opportunity located on the NW corner of Sepulveda and 14th Street across from Target and Manhattan Toyota. Major traffic corridor which experiences approximately 57,000 per day servicing the South Bay beach communities and the Los Angeles/West Side commercial markets. Landlord responsibilities limited to maintenance and repair of the roof, foundation, load bearing and exterior walls as well as the onsite parking area and driveway. Extremely favorable Landlord lease terms.
The current tenant is a full service animal medical and dental facility with approximately one year left on lease and three x five year options with annual 2.0% escalation in rent. Main Building square footage measures 1,992 sf (taped) which includes administration and waiting area, five exam rooms, treatment room, kennel, pharmacy, surgery center, radiology, and dental room. Not included in the square footage is an adjunct building approximately 240 sf (taped) which includes laundry, grooming, and break room.
| Price: | $$2,645,000 |
| Address: | 1401 N Sepulveda Boulevard |
| City: | Manhattan Beach |
| County: | Los Angeles |
| State: | California |
| Zip Code: | 90266 |
| MLS: | SB19134773 |
| Year Built: | 1948 |
| Square Feet: | 1,992 |
