- For Sale $3,455,000
- Property Type Retail - Strip
- Property Size 6,300 SF
- Units 4
- Lot Size 4,799 Acre
- Year Built 1952
- Date Updated Feb 12, 2024
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Attachments
Highlights
- 100% Leased to Three NNN Tenants – The property is fully leased to three NNN tenants responsible for the payment of Common Area Costs, Property Taxes, and Insurance which reduces an investor’s inflationary risk.
- Corporate 7-Eleven Lease – The 7-Eleven lease is signed directly with 7-Eleven, Inc. and offers investors an investment grade tenant (S&P: A)
- #1 Convenience Store – 7-Eleven ranked #1 Most Trusted Convenience Store Chain by Newsweek (2023), ranked #1 Convenience Store Chain by Convenience Store News (2023), and ranked #1 Convenience Store Chain by CSP News Daily (2022).
- Costly Tenant Improvements – An investor will benefit from the costly improvements made to the property that are required to operate a coin laundry business, including utilities and drainage.
- Proximity to I-110 Freeway – Located approximately 0.3 miles from the W Vernon Ave exit, the property is easily accessible to over 300,000 cars per day along Interstate 110, a major transportation route and vital to commuters traveling in and out of downtown Los Angeles.
- High Density Trade Area – The subject property is positioned in in a densely populated region of South Los Angeles with over 20,000 people in a half-mile radius and over 66,200 people in a 1-mile radius.
- L.A. Metro Bus Stop – The Vernon/Hoover stop of the L.A. Metro 105 Line (Vernon – Santa Fe) is positioned directly in front of the building and serves a community where over 55% of the households in the 0.5-mile radius have 1 vehicle or less and 22% of households with no vehicle.
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Contacts
Location
Getting Around
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Walk Score ®
82/100
Very Walkable
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Transit Score ®
66/100
Good Transit
-
Bike Score ®
79/100
Very Bikeable
- City Los Angeles, CA
- Neighborhood Vermont Square
- Zip Code 90037
- Market Los Angeles
Points of Interest
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Expo Park/USC
1.03 miles
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Expo/Vermont
1.07 miles
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Jefferson/USC
1.39 miles
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Expo/Western
1.64 miles
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LATTC/Ortho Institute
1.94 miles
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Grand/LATTC
2.29 miles
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San Pedro Street
2.40 miles
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Vernon
2.48 miles
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Slauson
2.67 miles
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Washington
2.75 miles
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76
0.21 miles
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Shell
0.22 miles
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Chevron
0.57 miles
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Gold Star Gas
0.67 miles
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Arco
1.05 miles
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Electric Vehicle Charging Station
1.23 miles
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Chevron
1.26 miles
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76
1.62 miles
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76
2.15 miles
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Chevron
2.16 miles
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Joe's Auto Parks
0.52 miles
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Automate Parking Inc.
0.52 miles
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Lot 5
0.58 miles
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Lot 6
0.58 miles
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Lot 4
0.61 miles
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Gold Lot
0.62 miles
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Visitor Parking Structure
0.81 miles
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North Parking Structure
1.00 miles
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Slauson Park And Ride
1.07 miles
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Slauson Park And Ride
1.09 miles
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Burger King
0.24 miles
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McDonald's
0.58 miles
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Subway
0.64 miles
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Barbeque King
0.72 miles
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Chick-fil-A
0.96 miles
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Chipotle
0.98 miles
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Holbox
1.08 miles
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Which Wich?
1.09 miles
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Parkside Dining Hall
1.11 miles
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Moreton Fig
1.14 miles
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Ross
0.27 miles
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Slauson Super Mall
1.49 miles
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Trader Joe's
1.55 miles
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Target
1.55 miles
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Cal Mart Beer & Wine Food Store
1.57 miles
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Food 4 Less
1.75 miles
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Northgate Market
1.92 miles
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Northgate Supermarket
1.92 miles
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Food 4 Less
1.93 miles
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Ralphs
1.98 miles
Frequently Asked Questions
What is the lease rate for 728 W Vernon Ave?
Rental asking rate at 728 W Vernon Ave is $1,727,500.00/YR.
What is the total square footage of 728 W Vernon Ave?
728 W Vernon Ave totals 6,300 square feet.
When was this property built?
728 W Vernon Ave was built in 1952.
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