Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1990
Building Area

Property Description

JLL, as exclusive advisor, is pleased to offer to qualified investors an opportunity to acquire the 100% fee simple interest in 2140 Cotner and/or the Olympic + Cotner Development Site (the “Property”), an owner-user opportunity at an irreplaceable location in West Los Angeles.


2140 Cotner presents an incredible opportunity for an investor to own and occupy in in West LA. The Olympic and Cotner Development Site provides investors excellent optionality to maintain the property “as-is” as an investment property, utilize the site for additional parking for 2140 Cotner, or to develop the site. An investor has the optionality to purchase both sites together or individually, depending on their investment interests.

Investment Highlights

  • 15,923 SF owner-user investment opportunity.
  • Adjacent development site can be included with $156,000 in annual NNN income.
  • 1/2 mile walk to the Sepulveda / Exposition Metro Station
  • Long term telecom lease with T-Mobile currently providing $41,700 annually with 4% bumps.
  • Attractive SBA financing for owner-user investors.
  • Ample Subterranean parking.
  • The adjacent Olympic & Cotner lot provides optionality if both parcels are purchased as an income property, parking lot or development site.
  • Above-ground and ground-level private outdoor spaces.
  • Transit oriented location.
  • Irreplaceable visibility along the 405 Freeway.
Last Updated Date: 19 Aug 2021
Matt McRoskey
Matt McRoskey
Director

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Last Updated Date: 19 Aug 2021

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