13474-6 Washington Boulevard is a freestanding vacant building perfect for retail or restaurant use. Comprising approximately 4,956 SF on 0.31 acres of land, this generational asset is in a prime location, with unique characteristics, and market drivers. The site boasts 16 parking spaces in a neighborhood and city where parking is an expensive rarity. In addition, there is vehicle access from 3 roads: Washington Blvd, Del Rey Ave, and Beach Ave. Proximity to Lincoln-Washington Blvd: One of LA’s most heavily trafficked intersections, these major arteries provide freeway and airport access to the booming residential and employment hubs of Silicon Beach, Venice Beach, Santa Monica, and Culver City. The property’s large double-sided illuminated sign is visible from this intersection.Only Costco and Costco Gasoline in 9-mile radius: Consistently drawing in the highly educated, affluent residents of the larger outlying area, this enormously successful Costco is the retail anchor for superstar performers such as In-N-Out Burger, Starbucks, Dunkin’, and a newly-opened Chik-Fil-A, among other national and local retailers. Large-scale residential and mixed use projects: Directly behind the subject property is a $100,000,000 mixed-use development by California Landmark Group forecast to bring 230 apartment units to market in 2019. Other nearby developments include the 658-unit Paseo Marina and 585-unit AMLI Marina Del Rey. Booming employment hubs: Cedars-Sinai Marina del Rey Hospital breaks ground in 2020 on a new 9-story 200,000 SF hospital building, more than doubling in size. The community’s dramatic growth in employment and residents (Venice Beach, Playa Vista, Marina del Rey, etc.) demanded an equally robust increase of retail and medical services. The hospital is on Lincoln Blvd, just south of subject property’s major intersection of Lincoln Blvd at Washington Blvd.
