MAJOR CASH FLOW! Approximately 11% Cap Rate. Tenant, Catalyst Cannabis Co., pays $20,000 NNN monthly. Catalyst Cannabis Co. has 28 stores open and operating. Licensed by the City of Los Angeles for a cannabis retail store.
MLS# | PW24122300 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1990 |
Days On Site | 85 |
Listing Provided By | Elliot Lewis, Broker 562-370-3780 | Timothy Lewis |
SQ Feet | 2,450 |
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Story(s) | 1 |
Acreage | 0.16 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90019 |
Area | 699 Not Defined |
Listing VS Median (in 90019) | |
Price: $1,999,000 low | high Med: $1,425,000 SqFt: 2,450 low | high Med: 3,481 $ / SqFt: $816 low | high Med: $433 On Site: 85 low | high Med: 587.5 |