6904-6912 Hollywood Blvd, Los Angeles, CA 90028
44,821 SF | 83% Leased | Retail Building | Los Angeles, CA 90028 | $35,000,000 ($781/SF) | 10.07% Cap Rate
Asking Price $35,000,000
- Property Type
-
Retail
- Square Feet
- 44,821 SF
- Price / Square Foot
- $781
Listing Contacts
- Property Info
Property Overview
Iconic 3-Story Retail & Office Building Located in Hollywood's "Walk of Fame"
Property Details
- Class
- B
- Year Built/Renovated
- 1921/2009
- Stories
- 3
- Property Subtype
- Storefront Retail/Office
Highlights
- Rare direct billboard lease with Disney company (NYSE: DIS; S&P: A-) providing upside with lease expiration in May 2028
- True “one-of-a-kind” opportunity to purchase a property at one of the most famous locations in the world and one of the most visited attractions in US
- Stabile existing tenancy has been successfully operating at the property for 15 years
- 10 million annual visitors to the world famous “Hollywood Walk of Fame” in front of the Subject Property
- Adjacent to major Hollywood landmarks such as: Jimmy Kimmel Live, Ovation, CL Chinese Theatre, El Capitan Theatre, Madame Tussauds, etc
- Hollywood development boom with 5,100 residential units and 1,500 hotel rooms currently under construction or entitled
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