70-72 Windward Ave
Mixed Use | 3.75% CAP | 3,500 SqFt
Marketing description
Northmarq is pleased to exclusively offer the opportunity to acquire 70-72 Windward Ave. (the “Property” or “Offering”). The ±3,500 sq. ft. building presents a rare opportunity to acquire a high-profile, mixed-use asset in one of Los Angeles’ most vibrant coastal neighborhoods. Featuring Ground Floor retail, Event space and residential on the upper floors and a private rooftop deck across three floors, the property offers versatile space suitable for a variety of tenants or an owner-occupier. Ideally located in the heart of Venice, directly under the world-renowned Venice sign, drawing 1.2 million visitors annually, the property benefits from strong foot traffic.
Currently master-leased to an owner-user who specializes in outdoor advertising, the property provides immediate income while offering flexibility for a range of buyer strategies. Both the lessee and his sublessee tenant have less than two years remaining on their leases, creating opportunities for a future owner/user or investor to reposition the asset. The property also offers façade advertising, generating significant revenue.
Investment highlights
Prime Location with High Foot Traffic and Unparalleled Visibility
Opportunity for Growth
Additional Income Opportunity
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