2029 Pico Blvd | Santa Monica, CA 90405
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This Retail Property is no longer advertised on LoopNet.com.
2029 Pico Blvd
Santa Monica, CA 90405
Pizza Hut · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Long Term Lease – New 10 Year Lease Extension
- Ideal 1031 Exchange Opportunity
- Southern California Pizza Co., LLC is the Largest Pizza Hut Franchisee in California & the Third Largest in the Pizza Hut System - 224 Pizza Huts
- Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Rare Annual 1.5% Increases – Provides Strong Compounding Hedge Against Inflation
- Generational Opportunity to Purchase Santa Monica Real Estate Under $1.5 Million
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Restaurant
- General Retail Fast Food
- General Retail Freestanding
- General Retail Storefront
Building Size
1,277 SF
Building Class
C
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.11 AC
Zoning
CZ-R2, Santa Monica
Parking
7 Spaces (5.48 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Air Conditioning
LINKS
PROPERTY TAXES
| Parcel Number | 4274-026-020 | Improvements Assessment | $243,016 |
| Land Assessment | $1,273,449 | Total Assessment | $1,516,465 |
PROPERTY TAXES
Parcel Number
4274-026-020
Land Assessment
$1,273,449
Improvements Assessment
$243,016
Total Assessment
$1,516,465
Listing ID: 23477525
Date on Market: 6/21/2021
Last Updated:
Address: 2029 Pico Blvd, Santa Monica, CA 90405
The Pico Retail Property at 2029 Pico Blvd, Santa Monica, CA 90405 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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