2344 Pico Blvd | Santa Monica, CA 90405
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- LoopNet Team
2344 Pico Blvd
Santa Monica, CA 90405
Jiffy Lube · Retail Property For Sale
Investment Highlights
- Fully leased NNN Jiffy Lube with high visibility at a lighted intersection on Pico Boulevard, seeing over 28,000 vehicles per day.
- Jiffy Lube is a highly sought-after, recession-proof tenant with historical occupancy at the site and options remaining on its lease.
- There is potential for future development on the site depending on the new owner’s vision.
- Perfect opportunity for investors seeking a hands-off, cash-flowing asset in the buzzing Santa Monica market.
- Perfectly placed across from Whole Foods and near other retailers Starbucks, Trader Joe’s, and local restaurants, bars, and shops.
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,562 SF
Building Class
B
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.31 AC
Zoning
NC, Santa Monica - Check with City of Santa Monica
Parking
15 Spaces (2.32 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 4273-007-042 | Improvements Assessment | $546,250 |
| Land Assessment | $3,500,000 | Total Assessment | $4,046,250 |
Property Taxes
Parcel Number
4273-007-042
Land Assessment
$3,500,000
Improvements Assessment
$546,250
Total Assessment
$4,046,250
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