Negotiable Restaurant Space for Lease

4140 City Terrace Dr Los Angeles, CA 90063

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FOR LEASE
Property Type:
Street Retail
Last Verified:
Jul 20, 2017


Description

$2.00 + NNN

Stand alone street retail ideal for a cafe, sandwich shop or other restaurant is available for lease in East Los Angeles. Owner is completely remodeling the space including; HVAC, drywall, facade, bathrooms, and grease trap.

Located adjacent to a hand car wash with dense surrounding residential neighborhood. No on-site parking, but there is plenty of unmetered street parking.


Year Built: 1941
Building Size: 1742.0sq ft
Lot Size: 0.06 acres

Units for Lease

Restaurant Space for Lease
Lease Type: NNN
Price Per Sqft/Year: $30.0

Map of 4140 City Terrace Dr, Los Angeles, CA, 90063

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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.