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HIGH CAP RATE DEAL - MEDMEN BUILDING - DTLA 735 S Broadway 22,890 SF 100% Leased Retail Building Los Angeles, CA 90014 For Sale
Investment Highlights
- Historic Landmark
- Lots of natural light
- Central
- Retail Hub
- Heavy foot traffic
Executive Summary
All the Units are completely remodeled A - Z. Beautiful heights and sunlight exposure throughout ! Atrium Balconies for all units floors 2 - 6 allows Natural Light all day from East to West facing !
Medmen is up for renewal and License stays with the Property Owner.
Great Owner User Sale Potential
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Manufacturing
- -
- -
- -
MedMen Enterprises is a leading cannabis company in the U.S. with assets and operations nationwide. MedMen owns and operates licensed cannabis facilities in cultivation, manufacturing and retail, and is the most recognized cannabis brand in the world today. MedMen brings class leading operational expertise and unprecedented investment to the fast changing and fast-growing cannabis industry as it moves from its gray market legacy to a fully regulated, legitimate and commercially viable market. Based in Los Angeles, MedMen employs over 1,100 team members across the U.S. It was founded in 2010 by Adam Bierman and Andrew Modlin, two visionary entrepreneurs who saw not just a tremendous business opportunity in the growing legalization of marijuana, but a chance to redefine our society's relationship with cannabis.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
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Manufacturing | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 5144-014-031 | Improvements Assessment | $2,743,848 |
| Land Assessment | $796,886 | Total Assessment | $3,540,734 |
Property Taxes
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HIGH CAP RATE DEAL - MEDMEN BUILDING - DTLA | 735 S Broadway
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