PACOIMA SHOPPING CENTER – GROUND LEASE SALE

$1,485,000

Additional Information:

  • LEOLA Commercial represented both sides of the transaction.
  • The ground lease was sold to the lessee of the property.
  • LEOLA Commercial was successful in helping Sellers complete a 1031 exchange to a NNN property outside of the state.

Sale Indicators

  • Year Built:                1991
  • CAP:                           N/A
  • NOI:                           $66,911
  • Building SF:              11,339
  • Price/SF:                   $229.30

Agent: