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Prime Commercial Property with High CAP Rate in North Hollywood

Discover an exceptional investment opportunity with Chapala Super Mercado Carniceria, located at 7901 Lankershim Blvd, North Hollywood, CA. This well-established property spans 14,201 sq. ft. and includes an 8,068 sq. ft. building, featuring approximately 15 parking spaces. Priced at $995,000, it generates a scheduled gross income of $120,996 with a net operating income of $105,996, offering an attractive 10.7% CAP rate. Strategically situated on a major thoroughfare, it promises excellent visibility and accessibility. This corner lot is competitively priced below its appraised value.

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Prime Commercial Property with High CAP Rate in North Hollywood

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  1. Chapala Super Mercado Carniceria: 7901 Lankershim Blvd. North Hollywood, CA 91605 Main Picture 2nd Picture or Location Map Listed By: David Yashar- Re/Max Commercial & Investment Realty

  2. Chapala Super Mercado Carniceria 7901 Lankershim Blvd. North Hollywood, CA 91605 Property Basics: • Lot Size: 14,201 sq. ft. • Building Size: 8,068 sq. ft. • Year Built: 1978 • Parking Spaces: Approximately 15 spaces Price Indicators: • Price: $995,000 • Scheduled Gross Income: $120,996 • Operating Expenses: $15,000 • Net Operating Income: $105,996 • Price Per Square Foot: $123.33 • CAP Rate: 10.7% • SELLER RESERVES THE RIGHT TO ACCEPT OR REJECT ANY OFFERS David Yashar- Re/Max Commercial & Investment Realty

  3. Chapala Super Mercado Carniceria 7901 Lankershim Blvd. North Hollywood, CA 91605 5 Reasons To Buy: • Corner location • OVER A 10% CAP RATE ON CURRENT INCOME! • Located on a major commercial thoroughfare with excellent car traffic count • Being offered much less than the appraised value in December 2010! • Excellent access to the 170 Hollywood Freeway and 5 Golden State Freeway • Market with carniceria & Beer & Wine License Brokerage Commission: 2.5% Commission to Buyer’s Broker. Contact:David Yashar Re/Max Commercial & Investment Realty (213)233-4370 dyashar@remaxcir.com www.DavidYashar.com

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