Description

11826 San Vicente Blvd presents a rare retail investment in Brentwood, Los Angeles, offering a fully leased 5,926-square-foot asset with a weighted average lease term of 3.9 years. Priced at $10,648,280 ($1,796.87 per square foot) on a triple-net basis, the property delivers a current NOI of $638,896 for an in-place cap rate of 6.0%. This stabilized cash flow profile provides investors with immediate income and potential upside in a high-barrier submarket.

Originally built in 1950 and thoughtfully renovated in 2020, the single-story building combines classic mid-century character with modern tenant improvements. Vehicular traffic exposure exceeds 29,000 cars per day along San Vicente Boulevard, while 51 feet of prominent street frontage enhances brand visibility. Nine dedicated parking stalls equate to a 1.52 spaces per 1,000-square-foot ratio, catering to both customer convenience and tenant satisfaction.

Situated in the heart of Brentwood’s premier retail corridor, this property benefits from affluent demographics, high pedestrian activity, and proximity to national retailers and upscale neighborhood amenities. Zoned LAC1.5-1VL and occupying a 0.20-acre lot, the asset aligns with long-term growth fundamentals, making it an ideal addition to a core or core-plus portfolio.