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3975 Wilshire Blvd
Los Angeles, CA 90010
7-Eleven - Brand New 20-Year Ground Lease · Retail Property For Sale
Investment Highlights
- Irreplaceable A+ Trophy Asset in the Greater Wilshire/Koreatown neighborhood of Central Los Angeles
- 7-Eleven, a publicly traded company with an investment grade credit rating of “A-“ by Standard & Poor’s, has a market cap of $41.67 Billion
- Dozens of Nearby Residential/Commercial Developments – Over 2,000 Residential Units Completed This Year or Being Constructed in a Two-Mile Radius
- Brand New 20 Yr Lease Extension Demonstrating Strong Commitment - 30 Yrs Historical Occupancy in Mid-Wilshire Corridor of the Central Region of LA
- Features Easy Access and Excellent Visibility on the Hard, Signalized Corner of Wilshire Boulevard (±51,000 VPD) and South Wilton Place (±34,000 VPD)
- Nearly 82,000 People Reside in a One-Mile Radius, Approximately 650,000 People in a Three-Mile Radius, and Over 1,420,000 People in a Five-Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,520 SF
Building Class
C
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.24 AC
Zoning
C4
Parking
15 Spaces (5.95 Spaces per 1,000 SF Leased)
Frontage
168’ on Wilshire Blvd
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 5504-027-023 | Improvements Assessment | $3,714,228 |
| Land Assessment | $2,653,020 | Total Assessment | $6,367,248 |
Property Taxes
Parcel Number
5504-027-023
Land Assessment
$2,653,020
Improvements Assessment
$3,714,228
Total Assessment
$6,367,248
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