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6639 Laurel Canyon Blvd
North Hollywood, CA 91606
Dollar Tree · Retail Property For Sale
Investment Highlights
- Below Market Rent – Long Term Upside Potential / Low Downside Risk
- #143 on Fortune 500 – Publicly Traded (NASDAQ: DLTR) - $30+ Billion in Revenue
- Below Market Rent – Low Downside Risk
- Current Rent at $16 PSF Annual - Market Rent Average for New Leases at Over $24PSF
- Absolute NNN Lease – Over 3 Years Remaining in Primary Term - Four 5 Year Options
- 8% Increase Every 5 Years - Inflation Resistant Cash Flows
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
12,000 SF
Building Class
C
Year Built
1952
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.85 AC
Zoning
LAC2 - Commercial
Parking
76 Spaces (6.33 Spaces per 1,000 SF Leased)
Frontage
79’ on Laurel Canyon Blvd
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 2322-004-071 | Improvements Assessment | $925,480 |
| Land Assessment | $2,940,491 | Total Assessment | $3,865,971 |
Property Taxes
Parcel Number
2322-004-071
Land Assessment
$2,940,491
Improvements Assessment
$925,480
Total Assessment
$3,865,971
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