4111 Venice Blvd
Los Angeles, CA 90019
Retail Property For Sale

Lease Summary Tenant 1: 7-Eleven Lease Commencement: December 16th, 2011 Lease Expiration: December 15th, 2016 Lease Type: Absolute NNN Net Operating Income: $8200 per month, Annual is $106,200 Net Rentable Area: 2800 Monthly Rent per square foot: $3.16 Rental Increases: (Option Years 6-10 $8850), (Option Years 11-15 $9550) close to 8% increase every 5 years Renewal Options: Years 6-10, Years 11-15 Property Taxes: Tenant Responsibility Insurance: Tenant Responsibility Common Area Maintenance: Tenant Responsibility Repairs & Maintenance: Tenant Responsibility Roof & Structure: Tenant Responsibility Tenant 2: Coin-Op Laundromat (Currently Vacant) Lease Commencement: All terms TBD & negotiable between Landlord and Tenant Lease Expiration: All terms TBD & negotiable between Landlord and Tenant Lease Type: Absolute NNN Potential Net Operating Income: $3834 per month, Annual is $46,008 Net Rentable Area: 1278 Potential Monthly Rent per square foot: $3.00