Enterprise Rent-A-Car

4201 N Figueroa St Los Angeles, CA 90065

4201 N Figueroa St, Los Angeles, CA, 90065
Representative Photo
4201 N Figueroa St, Los Angeles, CA, 90065 4201 N Figueroa St, Los Angeles, CA, 90065
FOR SALE
Property Type:
Free Standing Building
Amount:
$3,000,000
Last Verified:
Dec 06, 2023

Highlights

  • 2024 REDEVELOPMENT BY ENTERPRISE
  • NNN LEASE | 10 YEARS REMAINING
  • (2) 5-YEAR OPTIONS | CPI RENT BUMPS
  • CORPORATE GUARANTEE | SINGLE-TENANT
  • CURRENTLY BEING REMODELED AT TENANT EXPENSE
  • CLOSE PROXIMITY TO I-110 | 123,000 VPD
  • HARD CORNER | N. FIGUEROA ST & W AVE 42 | 21,696 VPD
  • 874k+ PEOPLE IN 5-MILE RADIUS
  • $104K AVERAGE HOUSEHOLD INCOME IN 5-MILE RADIUS

Description

Enterprise Rent-A-Car is an appealing investment opportunity in Los Angeles, California. The investment property has several attractive features, such as a long-term lease with options, corporate guarantee, strategic location, high traffic, and a sizable customer base with strong income demographics.

Los Angeles, California


Year Built: 2023
Building Size: 990sq ft
Lot Size: 0.28 acres

Map of 4201 N Figueroa St, Los Angeles, CA, 90065

Presented by:
The Jonna Group

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Simon Jonna


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.