Description:

OFFERS DUE BY WEDNESDAY, APRIL 19 @ 2:00 PM. Single Tenant NNN Investment OR Owner/User Opportunity OR Prime Development Opportunity. INVESTORS: Perfect reposition opportunity with a going-in cap of 6%+ featuring a below market lease rate.  OWNER/USERS: Fantastic high-visibility signage on a high-trafficked corridor of Laurel Canyon in the city if North Hollywood, surrounded by retailers such as Target, Smart & Final, Ross & Burlington. DEVELOPERS: Approximately 19,256 SF lot in a TOC Tier 1 zone. Plenty of lease term remaining to provide income during entitlement process. Great demographics in an expanding market. Located just 1 block away from a 1,000-unit mixed-use development site at Victory and Laurel Cyn, several blocks away from 642-unit mixed-use NoHo West Development and 1 block away from the 44,000 cars per day intersection of Victory and Laurel Cyn Blvd and three blocks from the i-170 freeway. Surrounded by National Tenants.